AMNS plans to invest Rs 1 trillion in India to expand operations

28 Oct 2021 CW Team

ArcelorMittal Nippon Steel (AMNS) plans to invest about Rs 1 trillion over the next 10 years to expand its operations in India.

In December 2019, ArcelorMittal paid Rs 42,000 crore for Essar Steel India Limited, one of the country's largest stressed-asset transactions. The company then partnered with Nippon Steel, the world's third-largest steelmaker. AMNS India, an integrated flat steel producer with its main facility in Hazira, Gujarat, is the top steel producer in Western India.

The company has signed a preliminary agreement with the Odisha government to construct a 12 mt steel mill.

India's current capacity is 143.91 mt, and increasing it is seen as critical to the country's self-sufficiency plans.

Steel demand is expected to rise in the country as the government pushes to build infrastructures such as new roads, airports, and railway stations.

As part of its sustainability efforts, AMNS India is diversifying into renewable energy, such as solar and hybrid power.

To produce greener steel, the company's power portfolio includes a significant amount of renewable energy. This also entails increasing energy efficiency, lowering energy consumption, and significantly lowering energy intensity by improving operational efficiency and reusing and recycling steel by-products.

Oommen told the media that since 2015, AMNS India has cut its Carbon dioxide emissions per tonne by 35%.

The firm also wants to have its logistics support in the form of jetties.

The company already has a presence in the power sector, having purchased the Bhander power plant in Hazira, Gujarat, from Edelweiss Asset Reconstruction Co. in March 2020. Bhander is a 500 MW natural gas-fired thermal power plant that will be completely reliant on AMNS India's Hazira operations. It bought Essar Power Odisha, another Essar Steel captive power plant, in January.

The company plans to participate in mine auctions to secure its raw material requirements. To meet its immediate needs, it already has two iron ore mines in Odisha, Thakurani and Sagasahi.

Image Source

Also read: ArcelorMittal Nippon Steel to expand by five mt in three years

ArcelorMittal Nippon Steel (AMNS) plans to invest about Rs 1 trillion over the next 10 years to expand its operations in India. In December 2019, ArcelorMittal paid Rs 42,000 crore for Essar Steel India Limited, one of the country's largest stressed-asset transactions. The company then partnered with Nippon Steel, the world's third-largest steelmaker. AMNS India, an integrated flat steel producer with its main facility in Hazira, Gujarat, is the top steel producer in Western India. The company has signed a preliminary agreement with the Odisha government to construct a 12 mt steel mill. India's current capacity is 143.91 mt, and increasing it is seen as critical to the country's self-sufficiency plans. Steel demand is expected to rise in the country as the government pushes to build infrastructures such as new roads, airports, and railway stations. As part of its sustainability efforts, AMNS India is diversifying into renewable energy, such as solar and hybrid power. To produce greener steel, the company's power portfolio includes a significant amount of renewable energy. This also entails increasing energy efficiency, lowering energy consumption, and significantly lowering energy intensity by improving operational efficiency and reusing and recycling steel by-products. Oommen told the media that since 2015, AMNS India has cut its Carbon dioxide emissions per tonne by 35%. The firm also wants to have its logistics support in the form of jetties. The company already has a presence in the power sector, having purchased the Bhander power plant in Hazira, Gujarat, from Edelweiss Asset Reconstruction Co. in March 2020. Bhander is a 500 MW natural gas-fired thermal power plant that will be completely reliant on AMNS India's Hazira operations. It bought Essar Power Odisha, another Essar Steel captive power plant, in January. The company plans to participate in mine auctions to secure its raw material requirements. To meet its immediate needs, it already has two iron ore mines in Odisha, Thakurani and Sagasahi. Image Source Also read: ArcelorMittal Nippon Steel to expand by five mt in three years

Infrastructure Energy

07 Nov 2025

REC Approves Rs 75 billifor Brookfield’s Hybrid Energy Project

The Rural Electrification Corporation (REC) Ltd, a Maharatna non-banking finance company, has sanctioned Rs 75 billion for Brookfield’s 1,040 MW hybrid renewable energy project in Kurnool district — its largest-ever funding to a private-sector venture.Developed by Evren, a joint venture between Brookfield (51.49 per cent) and Axis Energy, the Rs 99.1 billion project integrates 640 MW of wind and 400 MW of solar power with battery storage. It is India’s first Firm and Dispatchable Renewable Energy (FDRE) project featuring state-level grid connectivity and a dedicated power purchase agreem..

Infrastructure Transport

07 Nov 2025

Oswal Energies, Deendayal Port Partner for Green Hydrogen Project

Oswal Energies and the Deendayal Port Authority (Kandla-Gandhidham) have signed a memorandum of understanding (MoU) to jointly develop green hydrogen, green methanol, green ammonia, and a 100 million litres per day (MLD) desalination plant under the National Green Energy Initiative.The Government of India has identified Deendayal Port as one of the strategic hubs for green energy infrastructure. The collaboration aims to strengthen the port’s role in advancing sustainable energy systems, supporting India’s net-zero and energy security goals.Under the MoU, Oswal Energies will lead the devel..

Infrastructure Energy

07 Nov 2025

NLC India Adds 106 MW Solar Capacity at Barsingsar Project

NLC India Ltd (NLCIL) has commissioned an additional 106 megawatt (MW) solar power capacity at its 300 MW Barsingsar Solar Power Project in Rajasthan. With this, the total commissioned capacity has reached 158.83 MW, following the earlier commissioning of 52.83 MW.The Rajasthan Renewable Energy Corporation Ltd (RRECL) issued the commissioning certificate confirming the milestone achievement, the Navratna company said.Implemented under the CPSU Scheme Phase-II of the Ministry of New and Renewable Energy (MNRE), the project is located on NLCIL’s own land in Barsingsar, Bikaner district. It use..