JSW Steel, German group join hands for carbon reduction projects

16 Sep 2022 CW Team

To explore decarbonization initiatives at the Indian company's mills, JSW Steel and SMS group, a German engineering and technology company, signed an MoU. According to reports, the partnerships would let the businesses together look for ways to cut carbon emissions and make green steel. The SMS group would provide its specialists to projects' design, engineering consultation, and commissioning. The industry would need to undergo significant improvements and capital expenditures at mills in order to reach net zero. JSW Steel has set a target to cut greenhouse gas emissions by 42 per cent (from the base year 2005 levels) to less than 1.95 tonnes of CO2 per tonne of crude steel by 2030. JSW Steel is investing Rs 100 billion to reduce carbon emissions from the steel manufacturing process.

Also read:
Steel makers see fall in prices
JSW Steel posts 22 per cent rise in crude steel production

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Technology

27 Jun 2026

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Real Estate

27 Jun 2026

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..