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Jindal to develop Green Hydrogen Facility for use in its Steelworks

Green hydrogen is an emerging solution to decarbonise hard-to-abate sectors.

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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.

Concrete

Ramco Cements Gets Andhra Pradesh Nod For Quartzite Mining

Approval covers inclusion of quartzite in Nandyal lease

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Ramco Cements Ltd has received approval from the Government of Andhra Pradesh to include quartzite mineral in its existing limestone mining lease in Nandyal district, the company said.

The approval allows Ramco Cements to undertake quartzite mining at Kalavataka and Kotapadu villages in Kolimigundla Mandal, Nandyal district. The company confirmed that the approval was granted on January 3, 2026.

The quantum of mineable quartzite reserves is yet to be assessed. The mineral is proposed to be used for the manufacture of manufactured sand, pozzolanic additives for the cement industry, and for other industrial applications that may be identified in the future.

According to the company, the approval will remain valid until March 10, 2053. The mining operations will be subject to compliance with all applicable terms and conditions under the Mines and Minerals (Development and Regulation) Amendment Act, 2015, along with guidelines and directions issued by the Government of India and the Government of Andhra Pradesh.

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ICRA Sees Steady Cement Demand Growth Ahead

Volumes seen rising 6–7 per cent in FY27 on infra push

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India’s cement industry is expected to record steady growth over the coming years, with cement volumes projected to expand by 6–7 per cent in FY27, supported by sustained demand from the housing and infrastructure sectors, according to a report by rating agency ICRA.

The agency said the sector is likely to maintain healthy momentum after registering growth of 6.5–7.5 per cent in FY26, despite a higher base in the second half of FY25. Cement demand remained strong in the current financial year, with volumes increasing by 8.5 per cent during the first eight months of FY26, driven by robust construction activity across regions.

ICRA expects demand to strengthen further in the second half of FY26 as construction activity accelerates after the monsoon. Continued government focus on infrastructure spending and the possibility of a reduction in goods and services tax on cement are also expected to support demand through FY26 and FY27.

Against this favourable demand backdrop, cement manufacturers are continuing to expand capacity through both organic and inorganic routes to strengthen their market positions. The industry is estimated to add 85–90 million tonnes per annum of capacity during FY26–FY27, including around 43–45 million tonnes per annum in FY26 and a further 42–44 million tonnes per annum in FY27.

Commenting on the outlook, Anupama Reddy, Vice President and Co-Group Head, Corporate Ratings at ICRA, said sector profitability is expected to improve significantly in FY26, supported by better pricing and higher volumes. Operating profit before interest, depreciation, tax and amortisation per tonne is projected to rise to around Rs 900–950 per tonne in FY26, compared with Rs 810 per tonne in FY25.

However, ICRA expects some moderation in earnings in FY27 due to rising input costs. Operating profit per tonne is estimated at Rs 880–930 in FY27, as costs related to pet coke and freight are likely to increase and remain influenced by global crude oil prices and geopolitical developments.

On a regional basis, North and Central India are expected to report capacity utilisation levels above the national average, while the southern region may continue to see relatively moderate utilisation due to existing capacity overhang. ICRA noted that recent merger and acquisition activity in the southern market has helped large players strengthen their regional and pan-India presence.

Overall capacity utilisation for the cement industry is projected to remain stable at around 70–71 per cent in FY27, broadly in line with FY26 levels, albeit on an expanded capacity base.

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GCCA India–NCB Carbon Uptake Report Released at NCB Foundation Day

New report highlights CO? absorption by concrete in Indian conditions

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The Global Cement and Concrete Association (GCCA) India–NCB Carbon Uptake Report was recently released during the 63rd Foundation Day celebrations of the National Council for Cement and Building Materials (NCB). On the occasion, a Gypsum Board Testing Laboratory and a Micro-Characterisation Laboratory were also inaugurated, strengthening India’s research and quality infrastructure for construction materials.

The laboratories were inaugurated by Urmila, Economic Advisor, Department for Promotion of Industry and Internal Trade (DPIIT), and Mohd. Kamal Ahmad, Special Director General, Central Public Works Department (CPWD), in the presence of L. P. Singh, Director General, NCB.

The newly established Gypsum Board Testing Laboratory will support quality assurance and standardisation requirements of the gypsum board industry, particularly in the context of the Gypsum-Based Building Materials (Quality Control) Order, 2024. The Micro-Characterisation Laboratory is equipped with advanced analytical tools for detailed investigation of cementitious and construction materials.

Addressing the gathering, Ms Urmila highlighted NCB’s sustained contributions to research, technology development, quality assurance and capacity building for the cement sector. Shri Mohd. Kamal Ahmad also commended NCB’s role in promoting sustainable construction practices through focused research and development.

The GCCA India–NCB report titled Carbon Uptake by Concrete assesses CO? uptake through carbonation in concrete under Indian conditions. Prepared in collaboration with the Global Cement and Concrete Association (GCCA) India, the study is based on the Tier-I methodology of IVL Swedish Environment Research Institute. It notes that while the cement industry contributes around seven per cent of global anthropogenic emissions, carbon uptake by concrete can partially offset process-related emissions.

The report outlines future actions to improve data robustness, refine estimation methodologies and support integration of carbon uptake into national sustainability and climate reporting frameworks. It will be submitted to the Ministry of Environment, Forest and Climate Change for consideration of inclusion as a carbon sink in India’s National Communications to the UNFCCC.

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