Welspun Corp and Tata Steel enter a green energy partnership

01 Jul 2022 Editorial Team

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Welspun Corp (WCL) and Tata Steel have agreed upon an MoU to jointly work towards developing the framework for and subsequently manufacturing green pipes for the transportation of pure hydrogen, and hydrogen blended with natural gas. This partnership is touted to assess the suitability of a variety of pipes manufactured by WCL for the transportation of the fuel of the future, which will aid in mitigating climate change-led issues and build a secure future for posterity. Hydrogen will play a significant role in decarbonising the world's energy supply. This MoU will enhance the general understanding and knowledge of the transportation of hydrogen globally. Commenting on this, Vipul Mathur, Managing Director & CEO, WCL, said, WCL is working towards strengthening its expanding product portfolio both in India and globally while focusing on building a future-ready world. Our strategic partnership with Tata Steel enables us to jointly adopt and build awareness about the usage of green hydrogen in our daily lives. This endeavour is in line with our ongoing efforts to strategically embed ESG drivers across our business, and the Government’s vision for a net-zero economy by 2070. The green energy strategic partnership is synchronous with the Government of India’s green hydrogen policy, promising cheaper renewable power, fee waiver for inter-state power transmission for 25 years for projects commissioned before June 2025, land in renewable energy parks, and manufacturing zones to help local industries limit the use of fossil fuels. Rajeev Singhal, Vice President-Marketing & Sales (Flat Products), Tata Steel, said, “The green energy strategic partnership with WCL is an important step in our journey towards sustainability. This will enable us to jointly develop steel for safe transportation of hydrogen gas which is a critical requirement for adoption of hydrogen fuel in line with the Government’s National Hydrogen Mission.”

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