Connect with us

Concrete

Jindal to develop Green Hydrogen Facility for use in its Steelworks

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

Published

on

Shares

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

Star Cement launches ‘Star Smart Building Solutions’

Published

on

By

Shares

Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Continue Reading

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

on

By

Shares

Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Continue Reading

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

on

By

Shares

UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.

Continue Reading

Trending News

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.

 


    This will close in 0 seconds