Jindal to develop Green Hydrogen Facility for use in its Steelworks
Steel

Jindal to develop Green Hydrogen Facility for use in its Steelworks

Jindal Steel & Power (JSPL) and Jindal Renewables will invest in green hydrogen production for steel making in Angul, Odisha. JSPL plans to incorporate green hydrogen into its Direct Reduced Iron units.

In the first phase, Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 tons per annum, set to commence by December 2025. The project will also supply 36,000 tons of oxygen annually to the Angul steelworks and ~3 GW of renewable energy to JSPL’s facilities. Integrating green hydrogen will reduce the steelmaker’s dependence on coal-fired energy by 50% in the next two to three years and help lower its carbon footprint.

While JSPL will provide essential infrastructure and support, Jindal Renewables will handle developing and operating green hydrogen and renewable energy facilities. The two group companies signed a memorandum of understanding to significantly slash the cost of green hydrogen production and ensure a sustainable business model by locking in offtake for the next 25 years.

Green hydrogen is an emerging solution to decarbonise hard-to-abate sectors like steel manufacturing. At the Mercom India Renewables Summit 2024 in New Delhi in July, experts discussed strategies to scale green hydrogen production and create a market for it across sectors that contribute significantly to greenhouse gas emissions.

In February, the Ministry of New and Renewable Energy launched pilot projects to decarbonize the steel sector using green hydrogen under the National Green Hydrogen Mission.

In 2022, the government told Parliament that it is considering mandating the use of ‘green steel’ in government projects. For the medium term until 2047, the focus of the steel sector will be on green hydrogen and carbon capture. In February, Jindal Steel & Power commissioned a 15 MWdc rooftop solar project at its steel manufacturing plant in Angul, Odisha. The 15 MW capacity comprised two projects of 12 MWdc and 3 MWdc. The project is expected to help power partial operations at the Angul plate mill.

                                                                                                                                              

Jindal Steel & Power (JSPL) and Jindal Renewables will invest in green hydrogen production for steel making in Angul, Odisha. JSPL plans to incorporate green hydrogen into its Direct Reduced Iron units.In the first phase, Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 tons per annum, set to commence by December 2025. The project will also supply 36,000 tons of oxygen annually to the Angul steelworks and ~3 GW of renewable energy to JSPL’s facilities. Integrating green hydrogen will reduce the steelmaker’s dependence on coal-fired energy by 50% in the next two to three years and help lower its carbon footprint.While JSPL will provide essential infrastructure and support, Jindal Renewables will handle developing and operating green hydrogen and renewable energy facilities. The two group companies signed a memorandum of understanding to significantly slash the cost of green hydrogen production and ensure a sustainable business model by locking in offtake for the next 25 years.Green hydrogen is an emerging solution to decarbonise hard-to-abate sectors like steel manufacturing. At the Mercom India Renewables Summit 2024 in New Delhi in July, experts discussed strategies to scale green hydrogen production and create a market for it across sectors that contribute significantly to greenhouse gas emissions.In February, the Ministry of New and Renewable Energy launched pilot projects to decarbonize the steel sector using green hydrogen under the National Green Hydrogen Mission.In 2022, the government told Parliament that it is considering mandating the use of ‘green steel’ in government projects. For the medium term until 2047, the focus of the steel sector will be on green hydrogen and carbon capture. In February, Jindal Steel & Power commissioned a 15 MWdc rooftop solar project at its steel manufacturing plant in Angul, Odisha. The 15 MW capacity comprised two projects of 12 MWdc and 3 MWdc. The project is expected to help power partial operations at the Angul plate mill.                                                                                                                                              

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement