Jindal Steel & Power signs MOU to invest in India's largest green hydrogen project for decarbonizing steel production.

Jindal Steel & Power and Jindal Renewable Power have signed a memorandum of understanding to invest in India’s largest green hydrogen project by a steelmaker, aimed at decarbonizing the industry. The initiative will integrate green hydrogen into steel production in Angul, Odisha, generating up to 4,500 tons annually by December 2025. It also includes supplying oxygen and renewable energy to reduce coal dependency by 50% in 2-3 years, securing long-term sustainability.

September 16, 2024
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