Jindal Stainless to Invest Rs 7 Billion in Green Projects

01 Oct 2025 CW Team

Jindal Stainless announced on Thursday that it is investing Rs 7 billion in decarbonisation initiatives and has cut 318,248 metric tonnes of CO2 emissions in FY25.

The company said it has undertaken several measures to reduce its carbon footprint, including commissioning Odisha’s largest captive solar plant. Over the next few years, JSL plans to channel Rs 7 billion into decarbonisation, energy efficiency upgrades, supply chain digitisation for transparency, and community initiatives in education, healthcare and skills development.

In FY25, JSL achieved a 14 per cent year-on-year reduction in CO2 emissions compared to FY24. Its FY26 focus will be to build on this progress, aligned with its roadmap to halve emissions by 2035 and reach net zero by 2050.

Kalyan Kumar Bhattacherjee, Chief Sustainability Officer, said the company’s first Integrated Report highlighted milestones such as the completion of a Double Materiality Assessment, the commissioning of Odisha’s largest captive solar project, and the adoption of ambitious ESG targets.

India’s largest stainless steel producer, JSL is expanding capacity to reach 4.2 million tonnes of annual melt output by FY27.

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