ArcelorMittal Starts Green Power Supply to AMNS from 1-GW Project
POWER & RENEWABLE ENERGY

ArcelorMittal Starts Green Power Supply to AMNS from 1-GW Project

Global steel and mining major ArcelorMittal has commenced the supply of clean energy to AMNS India in Gujarat from its 1-gigawatt (GW) solar and wind energy project located in Andhra Pradesh.

According to the company, the $0.7 billion project was developed, constructed, and commissioned by its wholly owned subsidiary, AM Green Energy.

ArcelorMittal stated that its largest renewable energy initiative, based in Andhra Pradesh, had recently begun supplying clean electricity to AMNS India. AMNS India is a joint venture between Luxembourg-based ArcelorMittal and Japan's Nippon Steel, with a shareholding ratio of 60:40.

The renewable project is expected to cut AMNS India’s carbon emissions by 1.5 million tonnes annually. This aligns with the steelmaker’s goal of reducing the carbon intensity of its steel production by 20 per cent by 2030, based on a 2021 benchmark.

ArcelorMittal highlighted that this initiative is part of a broader pipeline of renewable energy projects under development, with a total capacity of 2.3 GW across India, Brazil, and Argentina.

The project forms a component of ArcelorMittal’s portfolio of strategic growth initiatives, which are expected to deliver an incremental annual EBITDA of $1.9 billion once all are completed by the end of 2027.

The solar power site spans approximately 2,400 acres—equivalent to over 1,700 FIFA-sized football fields—while the wind farm covers around 700 acres. Now fully operational at its intended capacity, the project features roughly 1.5 million solar panels and 91 wind turbines, collectively generating 2.5 billion kilowatt-hours (kWh) of electricity each year, enough to supply power to nearly 10 million Indian households.

News source: The Print

Global steel and mining major ArcelorMittal has commenced the supply of clean energy to AMNS India in Gujarat from its 1-gigawatt (GW) solar and wind energy project located in Andhra Pradesh. According to the company, the $0.7 billion project was developed, constructed, and commissioned by its wholly owned subsidiary, AM Green Energy. ArcelorMittal stated that its largest renewable energy initiative, based in Andhra Pradesh, had recently begun supplying clean electricity to AMNS India. AMNS India is a joint venture between Luxembourg-based ArcelorMittal and Japan's Nippon Steel, with a shareholding ratio of 60:40. The renewable project is expected to cut AMNS India’s carbon emissions by 1.5 million tonnes annually. This aligns with the steelmaker’s goal of reducing the carbon intensity of its steel production by 20 per cent by 2030, based on a 2021 benchmark. ArcelorMittal highlighted that this initiative is part of a broader pipeline of renewable energy projects under development, with a total capacity of 2.3 GW across India, Brazil, and Argentina. The project forms a component of ArcelorMittal’s portfolio of strategic growth initiatives, which are expected to deliver an incremental annual EBITDA of $1.9 billion once all are completed by the end of 2027. The solar power site spans approximately 2,400 acres—equivalent to over 1,700 FIFA-sized football fields—while the wind farm covers around 700 acres. Now fully operational at its intended capacity, the project features roughly 1.5 million solar panels and 91 wind turbines, collectively generating 2.5 billion kilowatt-hours (kWh) of electricity each year, enough to supply power to nearly 10 million Indian households. News source: The Print

Next Story
Resources

KEC International bags Rs 10.34 billion in new orders

"KEC International Ltd, a global infrastructure EPC major and part of the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. In the T&D segment, the company has received its first-ever STATCOM project from a global OEM in India, along with orders for the supply of towers, hardware, and poles in the Americas. The civil business has marked a key milestone by entering the semiconductor space, bagging a contract to establish a semiconductor plant for a major private player. It has also won a repeat order ..

Next Story
Products

Viva launches 3D louvres for next-gen façade design

Viva, Asia’s largest manufacturer of aluminium composite panels (ACP), has introduced its advanced 3D louvres, offering a blend of architectural innovation and practical performance. Designed to enhance the aesthetics and efficiency of building facades, these louvres aim to set a new benchmark for the industry.The newly launched 3D louvres are engineered to add visual depth and dynamic appeal to both residential and commercial structures. Combining durability, ease of installation, and low maintenance, the product is tailored for contemporary design needs.“The 3D louvre range is a natural ..

Next Story
Infrastructure Urban

JustDeliveries raises Rs 5.5 crore to expand intracity cold chain network

JustDeliveries, a cold chain logistics startup focused on mid-mile solutions for India’s food and beverage sector, has raised Rs 5.5 crore in a funding round co-led by VC Grid and NABVentures. Other participants included LetsVenture, Anay Ventures, and FAAD Network.This fresh round brings the total capital raised by the startup to US$ 2 million (approximately Rs 15.9 crore). The funds will be used to strengthen its technology platform and expand operations to three more cities, including Lucknow and Chennai. JustDeliveries currently operates in Bangalore, Delhi, Hyderabad, Mumbai, and Pune.F..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?