Construction Industry News
Jindal Steel & Power (JSPL) and Jindal Renewables to invest in green hydrogen production for steelmaking at Angul, Odisha. JSPL plans to incorporate green hydrogen in its Direct Reduced Iron units.
In the first phase, Jindal Renewables will develop a green hydrogen production capacity of up to 4,500 tonnes per year, commencing in December 2025. The project will also supply 36,000 tonnes of oxygen per year to the Angul Steel Plant and ~3 GW of renewable energy to JSPL facilities. By integrating green hydrogen, the steelmaker’s reliance on coal-fired power will be reduced by 50% in the next two to three years and its carbon footprint will be reduced.
While JSPL will provide essential infrastructure and support, Jindal Renewables will develop and operate green hydrogen and renewable energy facilities. The two group companies signed a Memorandum of Understanding to significantly reduce 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 decarbonize hard-to-decarbonize sectors such as steel production. At the Mercom India Renewables Summit 2024 in New Delhi in July, experts discussed strategies to scale up green hydrogen production and create a market for it in sectors that contribute significantly to greenhouse gas emissions.
In February, the Ministry of New and Renewable Energy launched pilot projects to decarbonise the steel sector using green hydrogen under the National Green Hydrogen Mission.
In 2022, the government told parliament that it was considering making the use of ‘green steel’ mandatory in government projects. In the medium term to 2047, the steel sector’s focus will be on green hydrogen and carbon capture. In February, Jindal Steel & Power commissioned a 15 MWdc solar roof project at its steel plant in Angul, Odisha. The 15 MW capacity consisted of two projects of 12 MWdc and 3 MWdc. The project is expected to help power partial operations at the Angul slab plant.
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