Tata Steel talks decarbonisation plans with Dutch Govt

10 Jun 2024 CW Team

Tata Steel has announced on-going discussions with the Dutch government regarding a plan to reduce carbon emissions from its plant in the Netherlands. This follows a directive from the Dutch Parliament for the government to negotiate support terms.

The Dutch government is reportedly considering funding up to Rs.3 billion to facilitate the green transition of Tata Steel?s IJmuiden plant, which has faced health and pollution concerns.

Tata Steel confirmed these talks in a filing to the Indian stock exchange. In March, the Dutch Parliament urged the government to negotiate the decarbonisation support terms for Tata Steel Nederland. The negotiation process, requiring thorough investigation, evaluation, and discussions, is expected to take several months. Any final agreement will need approval from both the Dutch Parliament and Tata Steel's board.

Tata Steel stated that it is not ready to draw any conclusions and declined to provide further comments. In October 2021, Tata Steel reorganised, decentralising its UK and Netherlands businesses into separate entities. The IJmuiden plant, with a capacity of seven million tonnes per annum, is one of the largest in the world. Tata Steel aims to completely eradicate CO2 emissions from its European operations by 2050 and has a strategic partnership with the Dutch government to meet emissions and health requirements for the decarbonisation project.

(Source: Manufacturing Today India)

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..