Jindal Group to develop green hydrogen capacity of 4,500 tonnes per annum by 2025
Rolls of galvanized steel sheet inside the factory or warehouse.
New Delhi| Jindal Steel Units will also be supplied with 3 gigawatts of renewable energy from Jindal Renewables. Through this, Jindal Steel is trying to reduce its dependence on coal by 50 percent in the next 2 to 3 years.
“By integrating green energy and green hydrogen into the production process, we are not only reducing carbon emissions but also setting new benchmarks for India’s steel industry”, said Sanjay Singh, director of strategy and corporate affairs, Jindal Steel. This partnership is a testament to our unwavering commitment to sustainable development and innovation.
Under this agreement, necessary infrastructure and support will be provided by Jindal Steel. The development and operation of green hydrogen and renewable energy facilities will be handled by Jindal Renewables. Through this partnership, the cost of green hydrogen production will not only be reduced, but it also aims to ensure a long-term sustainable business model for the next 25 years.
Jindal Steel, with an investment of $12 billion all over the world, continuously works to make its capacity and operations affordable. It is also contributing in making India self-reliant. Jindal Renewable aims to become a leader in renewable energy projects in India. Currently developing a renewable capacity of about 3 gigawatts. The company aims to develop renewable energy capacity of more than 12 gigawatts by 2030.
