JSW Steel signs agreement with German group for carbon reduction projects

'New transformative approach' needed to produce green steel, says JSW Steel leader Sajjan Jindal


Achieving net zero in the industry would require major upgrades and capital investments at mills, Sajjan Jindal said

BS Reporter Kolkata
JSW Steel on Tuesday signed a memorandum of understanding (MoU) with SMS group, a German engineering and technology company, for exploring decarbonisation projects at the Indian firm’s plants.

A statement said that the collaboration would enable the companies to together explore opportunities to reduce carbon emissions and produce green steel. The SMS group would provide its experts for design, engineering consultancy, and commissioning of projects. JSW Steel, the flagship company of the $22 billion JSW Group, would provide support at its plants for SMS group to explore solutions for decarbonisation projects.

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First Published: Sep 13 2022 | 5:37 PM IST

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