Bid & Tender

News

Jindal Steel, JRPL Ink MoU for Biggest Investment in Green Hydrogen

Jindal Steel & Power (JSPL) and Jindal Renewable Power (JRPL) have announced a memorandum of understanding (MoU) to implement India’s biggest investment in green hydrogen by a steel manufacturer till date.

 

The MoU outlines JSPL’s plan to integrate green hydrogen into its direct reduced iron (DRI) units in Angul, Odisha. In the first phase, Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 tpa set to commence by December 2025. In addition, the project will also entail supply of 36,000 tpa of oxygen which will be used in the Angul steelworks. This initiative represents a leap towards low emission steel production.

 

JRPL will also supply around 3 GW of renewable energy to JSPL’s facilities, which will reduce the dependence on coal-based energy by 50 percent in the next two to three years. This integration of green energy is expected to drastically lower the company’s carbon footprint. This MoU marks a pivotal moment in its journey towards decarbonization using green hydrogen and green energy, accelerating the transition to lower emission steel.

 

The move towards integrating green energy and green hydrogen into its production processes, will reduce carbon footprint while also setting a new benchmark for the Indian steel industry. This collaboration highlights a step forward in sustainable development and innovation.

BACK

Related News