+
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

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code