Jindal Stainless to set up green hydrogen plant

Jindal Stainless (JSL) has partnered with Hygenco India to set up a green hydrogen plant. This plant will enable JSL to reduce its carbon emissions by nearly 2,700 MT per annum. Hygenco is a venture-backed by Vivaan Solar, a leading solar developer and renewables Engineering, Procurement and Construction (EPC) player. With this development, it is set to become the first stainless steel company in India to install a green hydrogen plant, the company said. According to JSL, it reduced carbon emissions by 3,100 metric tonnes during 2021-22, and initiated a switch from a thermal energy-intensive manufacturing setup to renewable energy alternatives such as solar and wind power.