Tata Steel UK signs pact for electric furnace in green steel push

23 Oct 2024 CW Team

The EAF, with an annual capacity of 3 million tonnes, will replace recently decommissioned blast furnaces and rely on scrap steel sourced domestically to ensure sustainable production.

"This partnership builds on our enhanced agreement with the government and reflects our commitment to the future of UK steelmaking," said UK Business and Trade Secretary Jonathan Reynolds. He emphasised that technologies like Tenova’s EAFs are critical for decarbonizing the steel industry, creating skilled jobs, and securing economic stability in South Wales. Reynolds also noted that the government’s forthcoming steel strategy, backed by £2.5 billion, would provide additional support for the sector’s long-term growth.

The project follows a £1.25 billion joint investment commitment from Tata Steel and the UK government, with Tata contributing £750 million and the government offering up to £500 million.

“This agreement will enable the transformation of our Port Talbot operations, helping decarbonize the UK and fostering economic growth in South Wales," said T.V. Narendran, CEO and MD, Tata Steel, at the contract signing. He highlighted that the initiative aligns with the company’s goal of providing low-carbon steel solutions and supporting customers in meeting their sustainability targets.

The furnace will also help reduce Britain's dependence on imported iron ore by maximizing the use of recycled scrap. In addition, Tenova will supply advanced ladle metallurgy furnaces to produce high-grade steel for UK manufacturers and global markets.

Paolo Argenta, Executive Vice President of Tenova, praised the collaboration, stating, “We are working with Tata Steel UK with exceptional transparency and cooperation, ensuring a successful project.”

(ET)

Tata Steel has signed a contract with Italian metals technology firm Tenova to install a cutting-edge electric arc furnace (EAF) at its Port Talbot plant in Wales, marking a significant step in its shift toward green steelmaking. The furnace is expected to reduce carbon emissions at the UK’s largest steelworks by 90% annually once operational by late 2027. The EAF, with an annual capacity of 3 million tonnes, will replace recently decommissioned blast furnaces and rely on scrap steel sourced domestically to ensure sustainable production. This partnership builds on our enhanced agreement with the government and reflects our commitment to the future of UK steelmaking, said UK Business and Trade Secretary Jonathan Reynolds. He emphasised that technologies like Tenova’s EAFs are critical for decarbonizing the steel industry, creating skilled jobs, and securing economic stability in South Wales. Reynolds also noted that the government’s forthcoming steel strategy, backed by £2.5 billion, would provide additional support for the sector’s long-term growth. The project follows a £1.25 billion joint investment commitment from Tata Steel and the UK government, with Tata contributing £750 million and the government offering up to £500 million. “This agreement will enable the transformation of our Port Talbot operations, helping decarbonize the UK and fostering economic growth in South Wales, said T.V. Narendran, CEO and MD, Tata Steel, at the contract signing. He highlighted that the initiative aligns with the company’s goal of providing low-carbon steel solutions and supporting customers in meeting their sustainability targets. The furnace will also help reduce Britain's dependence on imported iron ore by maximizing the use of recycled scrap. In addition, Tenova will supply advanced ladle metallurgy furnaces to produce high-grade steel for UK manufacturers and global markets. Paolo Argenta, Executive Vice President of Tenova, praised the collaboration, stating, “We are working with Tata Steel UK with exceptional transparency and cooperation, ensuring a successful project.” (ET)

Infrastructure Urban

25 Apr 2025

India Spent Rs 1.5 Tn on Smart Cities in Past 10 Years

The Indian government launched the Smart Cities Mission on June 15, 2015, with the goal of transforming urban infrastructure across the country. As of April 11, 2025, ten years since its inception, over Rs 1.5 trillion has been spent on 7,504 completed projects, representing 94 per cent of the total planned projects valued at more than Rs 1.64 trillion. An additional Rs 131.42 billion worth of projects are currently under implementation. According to data from SBI Research, 92 per cent of the funds were utilised across 21 major states, with Uttar Pradesh, Tamil Nadu, and Maharashtra together ..

Infrastructure Energy

25 Apr 2025

Hyundai’s EcoGram Converts Gurugram’s Waste to Clean Energy

Hyundai’s EcoGram, a biogas plant and material recovery facility located in Gurugram, Haryana, has been established to support circular economy initiatives. The facility collects both wet and dry waste from 20 bulk waste generators, including residential welfare associations (RWAs), corporate offices, and commercial complexes, with assistance from the Municipal Corporation of Gurugram (MCG). At the facility, the collected waste undergoes processing—wet waste is converted into biogas, which is then used to generate electricity, while dry waste is sorted for recycling. Since its inception,..

Infrastructure Transport

25 Apr 2025

Metro Line 8 DPR Nears Completion; CIDCO to Float Rs 200 Bn Tenders

The City and Industrial Development Corporation (CIDCO) is nearing completion of the Detailed Project Report (DPR) for Metro Line 8, commonly known as the Gold Line. This strategic 34.9-kilometre corridor is set to link Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the upcoming Navi Mumbai International Airport (NMIA). Estimated to cost around Rs 200 billion, the project is being developed under the Public-Private Partnership (PPP) model. Once completed, Metro Line 8 will become Mumbai's second such corridor after Metro Line 1. CIDCO plans to float tenders once ..