SAIL, Ram Charan Co tie-up for greenhouse emissions
Steel

SAIL, Ram Charan Co tie-up for greenhouse emissions

Steel Authority of India Ltd (SAIL) has made a deal with Chennai-based Ram Charan Company for managing greenhouse gas emissions at the state-run company?s plants in Durgapur, Bokaro, and Burnpur, said a source.

SAIL is in advanced talks with Ram Charan, in which US-based TFCC International has a 46 per cent stake, for a similar tie-up to manage emissions at its Rourkela unit.

The agreement is for multiple solutions, including converting emissions to value-added products and fuel with no residue left behind. A SAIL official confirmed the agreement, but did not specify the investment required.

We are in the process of completing a tie-up with SAIL. This will be a huge boost in achieving SAIL's carbon-neutral goals. The tie-up will be with all the five major steel plants of the company," said Kaushik Palicha, owner of Ram Charan. ?Our state-of-the-art technology will help in converting greenhouse gas emissions into value-added products and fuel.?

The two sides have an existing agreement for SAIL?s Bhilai Steel Plant. That agreement was on a trial basis for managing emissions of 25 tonnes per day (tpd). The Bhilai tie-up was expected to see investments worth Rs 6,000 crore.

According to industry estimates, investments for emissions management at the plants may come to around Rs 20,000 crore.

SAIL is working to reduce carbon emissions and increase the share of renewable/non-conventional energy by 2030 to be net zero in emissions by 2070, according to its annual report.

Steel Authority of India Ltd (SAIL) has made a deal with Chennai-based Ram Charan Company for managing greenhouse gas emissions at the state-run company?s plants in Durgapur, Bokaro, and Burnpur, said a source. SAIL is in advanced talks with Ram Charan, in which US-based TFCC International has a 46 per cent stake, for a similar tie-up to manage emissions at its Rourkela unit. The agreement is for multiple solutions, including converting emissions to value-added products and fuel with no residue left behind. A SAIL official confirmed the agreement, but did not specify the investment required. We are in the process of completing a tie-up with SAIL. This will be a huge boost in achieving SAIL's carbon-neutral goals. The tie-up will be with all the five major steel plants of the company, said Kaushik Palicha, owner of Ram Charan. ?Our state-of-the-art technology will help in converting greenhouse gas emissions into value-added products and fuel.? The two sides have an existing agreement for SAIL?s Bhilai Steel Plant. That agreement was on a trial basis for managing emissions of 25 tonnes per day (tpd). The Bhilai tie-up was expected to see investments worth Rs 6,000 crore. According to industry estimates, investments for emissions management at the plants may come to around Rs 20,000 crore. SAIL is working to reduce carbon emissions and increase the share of renewable/non-conventional energy by 2030 to be net zero in emissions by 2070, according to its annual report.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?