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Jindal Steel to have big investment on Green Hydrogen
Jindal Steel (JSPL) and Jindal Renewables (JRPL) have inked a historical Memorandum of Understanding to implement India’s biggest investment in green hydrogen by any Indian steelmaker to date.
This collaboration underscores a major commitment by both companies towards decarbonization and green energy leadership in India’s steel industry. The MOU outlines JSPL’s plan to integrate green hydrogen into its Direct Reduced Iron (DRI) units in Angul, Odisha.
This initiative represents a significant leap toward low-emission steel production. In the first phase, Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 tons per annum set to commence by December 2025.
In addition, the project will also entail a supply of 36,000 tons of oxygen per annum that will be used in the Angul steelworks. JRPL will also be supplying ~3GW of renewable energy to JSPL’s facilities reducing the steelmaker’s dependence on coal-fired energy by 50% in the next 2-3 years.
This integration of green energy is expected to drastically lower the company’s carbon footprint. Mr. Sanjay Singh, Director of Strategy and Corporate Affairs at JSPL, expressed his enthusiasm for the collaboration, stating, “This MOU marks a pivotal moment in our journey towards decarbonization using green hydrogen and green energy, accelerating our transition to lower emission steel.
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