Tata Steel’s B2MSME E--Commerce Platform, DigECA, Crosses ₹1,000 Crore GMV

Tata Steel today announced a significant milestone for its B2MSME e-commerce platform, DigECA, which has surpassed ₹1,000 crore in Gross Merchandise Value (GMV) in the current financial year (FY26). The platform has also recorded over 160 kilo tonnes (KT) in sales and onboarded more than 3,500 Micro, Small and Medium Enterprises (MSME) customers, underscoring its growing role as a catalyst in the digital transformation journey of India’s MSMEs, known as Emerging Corporate Accounts (ECAs) within Tata Steel.

Designed to make steel buying simple, transparent and efficient, DigECA offers ECAs an integrated, omni-channel experience with features such as embedded financing options, real-time order visibility, and dedicated technical support. The platform primarily focuses on flat steel products including Tata Astrum, Tata Steelium, and Galvano, bringing together quality assurance and digital convenience under one ecosystem.

Prabhat Kumar, Vice President - Marketing & Sales (Flat Products), Tata Steel, said: “Surpassing ₹1,000 crore GMV and 160 KT in sales is a testament to the trust our ECA customers place in DigECA. This platform is not just about transactions - it’s about building meaningful relationships, enhancing customer experience through seamless integration of MSME value chain, and aligning our services with their evolving business needs.”

Since its pilot launch in fourth quarter of Financial Year 2024-25, DigECA has registered a 30x growth, driven by Tata Steel’s relentless focus on innovation, customer-centricity, and digital enablement. The platform’s growth mirrors Tata Steel’s broader vision to digitalise the steel supply chain and promote inclusive growth across India’s industrial ecosystem.

With DigECA, Tata Steel continues to lead the way in digital transformation, equipping ECAs with the right tools, services, and support to achieve their business aspirations and contribute to India’s industrial progress.

Tata Steel and IIM Calcutta Launch Crucible Workshop to Equip Indian Industry for 4IR

Tata Steel Industrial Consulting (TSIC), the consulting arm of Tata Steel, has partnered with IIM Calcutta’s Management Centre for Human Values (MCHV), to host a five-day ‘Crucible Workshop’ from November 3-7, 2025. This workshop is specifically designed and developed for strategy builders by bringing together the world’s best field and case studies, offering experiential hands-on learning and ensuring a unique experience like few other training programmes in India.

The Crucible Workshop is an intense learning portal for Indian firms to understand, appreciate and have a compass for journeying into the 4th Industrial Revolution (4IR) that humanity is now experiencing. This learning portal teaches how a small number of companies are successfully tacking these new challenges with organisational systems and human behavior changes.

Tata Steel’s plants at Jamshedpur and Kalinganagar in India, and Ijmuiden in the Netherlands have all been designated as World Economic Forum Global Lighthouse Factories for their pioneering use of 4IR technologies. Through this workshop, the Company will be sharing its decades-long experience with other organisations and leaders keen on building similar manufacturing organisations, thus raising India’s global competitiveness, and making Indian industry future-ready.

IIM Calcutta (IIM-C) is India’s first management institute and has been at the forefront of management education in India. IIM-C’s MCHV studies the march of civilisations and connects each evolutionary step with the values that remain constant.

Interested individuals can visit the Crucible Workshop link to learn more.

Tata Steel, IIT Bhubaneswar & India Accelerator Launch TomorrowLAB to Fast-Track Startup Innovation

Tata Steel signed an MoU with IIT Bhubaneswar Research & Entrepreneurship Park (IIT BBSR REP) and India Accelerator (IA) to jointly launch a 6-month long TomorrowLAB Accelerator Programme for emerging startups, on August 13, 2025. This programme will go live in September 2025, and aims to empower startups, offering a tailored environment that nurtures their growth, facilitates industry connections, and accelerates their journeys.

TomorrowLAB Accelerator Programme is planned as one of the initiatives under the MoU signed between Tata Steel and IIT BBSR REP in February 2024 to foster innovation. The programme aims to bridge the gap between academia and industry, creating a dynamic environment for startups to thrive while providing valuable resources and mentorship to turn entrepreneurial ideas into viable and sustainable businesses. Startups looking to apply for this programme should ideally possess a minimum viable product (MVP) and demonstrate early market traction.

Subodh Pandey, Vice President - Technology, R&D, NMB and Graphene, Tata Steel, said: “Tata Steel has been working with industry and academia partners for the last several years to accelerate our sustainability agenda. We see huge potential within the startup ecosystem in India where young innovators are working to build solutions for some of the most difficult business challenges. Odisha is playing a significant role in boosting the startup ecosystem with initiatives such as ‘100 Cube’. TomorrowLAB Accelerator Programme is yet another step in the same direction and holds great potential to become the innovation hub of Eastern India.”

The programme would entail engagement with startups across India. IIT Bhubaneswar will be the hub of all the activities, supported by India Accelerator. The key objectives of the programme are:

• Facilitating mentorship, capacity-building workshops, and technical assistance for startups.
• Providing access to funding, business advisory services, and commercialisation opportunities.
• Leveraging IA’s and IIT BBSR REP’s network for strategic partnerships, business development, and market access for startups.
• Strengthening Tata Steel’s engagement with the dynamic entrepreneurial ecosystem in Odisha and beyond.

The programme will also serve as a structured engagement for Tata Steel with startups working in areas relevant to its growth journey such as water, waste heat recovery, and robotics & automation. The Company will engage select startups from the cohort with relevant solutions for doing a pilot after the programme ends.

Tata Steel has also been closely collaborating with India’s and the international startup ecosystem under TomorrowLAB, the Company’s flagship start-up engagement programme, to address challenges in the steel value chain and other identified interest areas.

Breakthrough at Kalinganagar: Tata Steel Rolls Out First Galvanised Coils from State-of-the-Art CGL-1

Tata Steel Kalinganagar has successfully rolled out its first batch of galvanised coils from the plant’s new state-of-the-art Continuous Galvanising Line (CGL-1) at the Cold Rolling Mill complex.

The batch was flagged off by Karamveer Singh, General Manager (Operations), Tata Steel Kalinganagar, in the presence of Rabindra Kumar Jamuda, President, Tata Steel Kalinganagar Worker’s Union, along with other senior officials.

Tata Steel Dispatches the First Batch of Galvanised Coils from its New Continuous Galvanising Line in Kalinganagar, Odisha

This milestone marks a significant step in Tata Steel’s capabilities, particularly for the automotive and appliances sector. The advanced Continuous Galvanising Line technology incorporates a third-generation air-knife with magnetic stabiliser, an oxidation chamber, and best-in-class secondary coatings. These features enable the production of high-quality automotive steel, including coated Advanced High Strength Steels (AHSS), ensuring exceptional consistency and reliability.

Prabhat Kumar, Vice President - Marketing & Sales (Flat Products), Tata Steel, said: “The new Continuous Galvanising Line (CGL-1) at Kalinganagar has been engineered to produce advanced coated products with superior surface finish, formability, and corrosion resistance - specifically outlined to meet the stringent quality requirements of the automotive and appliance sectors. This state-of-the-art line has been designed with a forward-looking approach, tailored specifically to meet the evolving needs of our discerning customers. With advanced technology and sustainable practices at its core, the facility reinforces Tata Steel’s position as a trusted partner for the future of mobility.”

Last year, Tata Steel had successfully commissioned India’s largest blast furnace at Kalinganagar, Odisha. With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar has augmented the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA. The CGL-1, part of the Cold Rolling Mill, is an integral part of the Phase II expansion alongside other facilities including Pellet Plant and Coke Plant – each incorporating advanced technologies and sustainable practices.

Being one of India’s most modern and advanced integrated steel plants, Tata Steel Kalinganagar produces world-class steel for critical sectors such as defence, automotive, infrastructure, engineering, capital goods, oil & gas, renewable energy, and shipbuilding.

Tata Group Chairman N. Chandrasekaran marks groundbreaking of new Electric Arc Furnace at Port Talbot

Tata Steel UK today celebrates a historic milestone in its green transformation journey as Mr Natarajan Chandrasekaran, Chairman of Tata Steel and the Tata Group, joins government ministers at a groundbreaking event for the company’s state-of-the-art Electric Arc Furnace (EAF) facility in Port Talbot.

Mr Chandrasekaran will be joined by Tata Steel CEO and Managing Director T. V. Narendran and Tata Steel UK CEO Rajesh Nair, where they will officially break the ground with spades, marking the official start of construction for the UK’s largest low-carbon steelmaking facility. This is part of a £1.25 billion transformation to low CO2 steelmaking, supported by a £500 million investment from the UK Government.

The new EAF—set to be commissioned at the end of 2027—is expected to reduce Port Talbot’s carbon emissions by approximately 90%, equivalent to 5 million tonnes of CO₂ per year, while securing high-quality sustainable steel production and supporting 5,000 UK jobs directly.

Speaking ahead of the ceremony, Mr Chandrasekaran said: “This is an important day for Tata Group, Tata Steel and for the UK. Today’s groundbreaking marks not just the beginning of a new Electric Arc Furnace, but a new era for sustainable manufacturing in Britain. At Port Talbot, we are building the foundations of a cleaner, greener future, supporting jobs, driving innovation, and demonstrating our commitment to responsible industry leadership. This project is also part of Tata Group’s wider investment in the UK, across steel, automotive, and technology among others, which reflects our deep and enduring partnership with this country.”

Business Secretary Jonathan Reynolds said:, “This is our Industrial Strategy in action and is great news for Welsh steelmaking backing this crucial Welsh industry, which will give certainty to local communities and thousands of local jobs for years to come.

“This government is committed to a bright future for our steel industry, which is why we provided £500 million of funding to make this project possible. Our modern Industrial Strategy will set out how we’ll back the sector even further to drive growth and create well-paid jobs across the country, as part of our Plan for Change.”

Secretary of State for Wales Jo Stevens said, “The UK Government acted decisively to ensure that steelmaking in Port Talbot will continue for generations to come, backing Tata Steel with £500 million to secure its future in the town, along with £80 million to support workers and the wider community. Our Steel Strategy will also deliver £2.5 billion of investment to rebuild the UK industry, maintain jobs and drive growth.

“The construction of Tata’s new furnace realises the promise we made to the community, while the development of floating offshore wind, plans for a Celtic Freeport and millions more for local regeneration all mean that Port Talbot has a bright future.”

First Minister Eluned Morgan said, “This is a momentous day for heavy industry in Wales, as the electric arc furnace has secured the long-term future of steel making at Port Talbot. Seeing spades in the ground today provides a tangible sign of Tata’s intention to continue producing steel in the area, an industry which has provided quality jobs to local people for generations.

“The start of the construction phase is good news for Port Talbot and neighbouring communities, and I’m especially pleased that Tata has committed to employing local contractors and local workers where it can.”

The Port Talbot EAF will be one of the largest in the world, melting UK-sourced scrap steel to produce 3 million tonnes of steel per year. As part of Tata Steel UK’s broader decarbonisation strategy, the project also includes new ladle metallurgy facilities, infrastructure upgrades, and partnerships with leading technology providers such as Tenova, ABB, and Clecim.

Construction is being led by main contractor Sir Robert McAlpine, alongside a strong regional supply chain that includes Darlow Lloyd & Sons, Mii, Skelton Thomas, Wernick Buildings, Andrew Scott Ltd and Systems Group.

The groundbreaking reaffirms Tata Steel’s commitment to delivering long-term sustainability, strengthening UK industrial resilience, and ensuring Wales remains at the forefront of green steelmaking.

• The groundbreaking event is to be live-streamed on Tata Steel UK’s YouTube channel from around 14:15 BST (18:45 IST) on Monday, July 14
• The joint £1.25 billion investment by Tata Steel and the UK Government in green steelmaking at Port Talbot is the biggest in a generation and will not only secure 5000 jobs across Tata Steel UK, but will also reduce the site’s CO2 emissions by 50 million tonnes over the next ten years.

Tata Steel Unveils DigECA, a one-stop digital steel Buying Platform, for MSME customers

Tata Steel today launched a new version of DigECA, expanding access beyond channel partners to include Micro, Small and Medium Enterprises (MSMEs), broadly classified as Emerging Corporate Accounts (ECA) by Tata Steel. DigECA is a groundbreaking B2MSME e-commerce platform specifically designed to meet the needs of ECA customers, enabling them to transact directly with ease and convenience while accessing the highest quality products and services.

Building on the success of Tata Steel’s B2C e-commerce portal, Aashiyana, DigECA envisions a revolution in the customer journey for ECAs. The platform focuses on flat products such as Tata Astrum, Tata Steelium, and Galvano, providing MSMEs with hassle-free purchase experience with Tata Steel and its channel partners.

Since the pilot launch in Q4 FY25, DigECA has experienced impressive growth, onboarding over 2,000 ECA customers and achieving significant milestones in its Gross Merchandise Value (GMV). This growth reflects our commitment to empowering customers with complete transparency regarding material availability and order fulfillment, ensuring a seamless process from enquiry to delivery, further augmented with post-supply services.

Prabhat Kumar, Vice President, Marketing & Sales (Flat Products), Tata Steel, said: “At Tata Steel, we are committed to enhancing customer satisfaction through digital innovation. With the launch of DigECA for our ECA customers, we are simplifying the steel buying experience and strengthening their direct engagement with Tata Steel. The platform is designed to enable a more connected and efficient relationship between customers and our distribution network, helping us better align our offerings with evolving market needs.”

With DigECA, Tata Steel reinforces its expertise in technology and innovation to deliver an unparalleled experience for customers, setting the stage for a thriving future. The Company is dedicated to ensuring that its ECAs feel supported and valued in the collective pursuit of meeting the business aspirations.

Tata Steel Wins Top Innovation Honors for Patents & Sustainability

Tata Steel has been recognized with two prestigious awards: the National Intellectual Property Award from the Indian Patent Office and the World Intellectual Property Award from the World Intellectual Property Organization (WIPO). These honors highlight Tata Steel’s leadership in intellectual property creation and commercialization, with over 2,000 patent applications filed globally. In FY24 alone, the company submitted 142 patent applications and was granted 395 patents.

Since establishing one of India’s oldest R&D facilities in 1937, Tata Steel has consistently pushed the boundaries of innovation, filing its first patent in 1938. The company’s patent portfolio was recently featured in a compendium by the Indian Patent Office, showcasing innovations aligned with the United Nations' 17 Sustainable Development Goals (SDGs).

This recognition underscores Tata Steel’s commitment to technological advancement and sustainability, particularly in environmentally responsible steel production.

Subodh Pandey, Vice President – Technology, R&D, NMB and Graphene, Tata Steel, said: “The steel sector today offers immense scope for building competitive advantages in the marketplace on the back of its R&D capabilities and through collaboration with leading academia in the country. There is also a growing need to focus our R&D efforts towards building a more environmentally sustainable steel sector. On both counts, Tata Steel has seized all opportunities and will continue to do so to not only stay ahead of the technology and innovation curve but also create a benchmark for others who are keen to invest in building their intellectual capital.”

	Patents filed and granted by Tata Steel
	FY24	FY23	FY22	FY21	FY20
Patents filed	142	132	125	119	116
Patents granted	395	150	163	190	133

Tata Steel Becomes India’s 1st Steel Co. to Develop Steel Pipes for Hydrogen Transportation

• Company successfully developed hydrogen-compliant API X65 grade steel pipes, contributing to the National Green Hydrogen Mission of India

Tata Steel becomes India’s first steel company to demonstrate end-to-end capabilities to develop pipes for the transportation of hydrogen, marking a significant milestone towards achieving the country’s National Hydrogen Mission.

The API X65 ERW pipes processed at Tata Steel’s Khopoli plant, using the steel manufactured at the Company’s Kalinganagar plant, successfully achieved all the critical properties required for hydrogen transportation. The hydrogen qualification tests were carried out at RINA-CSM S.p.A, Italy, a leading approving agency for hydrogen-related testing and characterisation. The new hydrogen-compliant API X65 grade pipes can be used for the transportation of 100% pure gaseous hydrogen under high pressure (100 bar).

Prabhat Kumar, Vice President - Marketing & Sales (Flat Products), Tata Steel, said: “Tata Steel has always been at the forefront of developing technologies for manufacturing critical steel grades. The successful testing of the new ERW pipes demonstrates our capabilities to deliver critical physical infrastructure for the energy sector, domestically. We are proud to contribute to India’s National Hydrogen Mission, which by itself is a key component of the country’s ongoing clean energy transition. Tata Steel is proud to be the first Indian steel company to successfully take on this challenge and deliver products to cater to the emerging domestic and global demand for these special grade steel pipes.”

Tata Steel's Research and Development team has been extensively engaged in developing innovative and sustainable solutions for hydrogen transportation and storage. In this case, the complete technology development, from the design and development of the hot rolled steel to the pipe manufacturing, was done entirely in-house. In 2024, Tata Steel also became the first Indian steel company to produce hot-rolled steel for the transportation of gaseous hydrogen.

National Hydrogen Mission will enable India to build capabilities to produce at least 5 million metric tonnes (MMT) of Green Hydrogen per annum by 2030, with the potential to reach 10 MMT per annum with additional demand for exports which would require substantial investments in generation and transportation. The demand for steel compliant with hydrogen transportation is expected to start from 2026-27, with the total steel requirement of 350KT spanning over the next 5 to 7 years. While various mechanisms of hydrogen transportation are available, steel pipelines are considered economically more viable for mass transportation.

Tata Steel UK and JCB Sign An MoU for the Supply of Low CO2 (‘Green’) Steel

Under the agreement, Tata Steel will supply the British construction equipment manufacturer with green steel from Port Talbot after completing its transformation plans. JCB, which maintains a close focus on carbon reduction in its manufacturing and equipment, will integrate the steel into its machinery range.

This is the first supply agreement Tata Steel UK has made since announcing the £1.25 billion joint investment with the UK Government to transition to high-quality, low-CO2 steel production in South Wales.

The project includes building a new 3-million-tonne per year state-of-the-art electric arc furnace (EAF)—one of the largest in the world—offering a lower-CO2 alternative to the traditional blast furnace method.

A JCB backhoe loader overlooking the Port Talbot steelplant where the new electric arc furnace is to be built.

A JCB backhoe loader standing next to Tata Steel’s Port Talbot Hot Rolling Mill, which will supply the iconic brand with low CO2 ‘green’ steels once the company’s electric arc furnace is commissioned in 2027/28.

The EAF will turn UK-sourced scrap into new high-quality steel, removing the need to ship millions of tonnes of iron ore and coal from across the world. Tata Steel’s plans will cut the site’s CO₂ emissions by up to 90 per cent and UK’s overall carbon emissions by about 1.5 per cent.

Anil Jhanji Chief Commercial Officer, Tata Steel UK said: “One of the key drivers in our transition plans is that our long-standing and loyal customers such as JCB need green steel to meet their own decarbonisation ambitions. They want to be supplied by a trusted partner making quality steel within the UK.

“This announcement that two of the UK’s largest manufacturers are working together to create a low-carbon supply chain is an important step in the UK’s transition to a circular economy.”

Wayne Asprey, Group Purchasing Director, JCB added: “Tata Steel is a long-term supply partner for JCB and this agreement marks an essential next step in our journey towards supply chain decarbonisation. We are fully supportive of Tata Steel UK’s investment proposals and are pleased to be one of the first customers to endorse those plans by making this agreement to secure British-made green steel as soon as it is available.”

JCB has led the way in decarbonisation in its industry, starting with its Road to Zero programme in 2010. It has achieved many industry milestones, such as developing the first-ever electric mini-digger in 2018, creating the first hydrogen-powered machine in 2021 and continuously expanding its range of fully electric-powered equipment. It is currently putting the world's first construction machines powered by hydrogen combustion engines through rigorous testing.

Tata Steel signed a contract in October 2024 with Tenova to deliver a state-of-the-art electric arc furnace and additional advanced steelmaking equipment for its Port Talbot site. The transformation of the site is expected to start in summer 2025.

Tata Steel intends to make Port Talbot one of Europe’s premier centres for green steelmaking. The £1.25 billion investment, which includes a UK Government grant of up to £500 million, is the largest capital expenditure investment in UK steel production for decades. Seventy-five per cent of the raw materials required will be sourced from the UK, up from 10% today, helping to maintain the country’s self-sufficiency in steel and making steel production more resilient to global events.

Tata Steel, Welspun Corp Become 1st Indian Co.s to Produce ERW Pipes for Pure Hydrogen Gas Transportation

Tata Steel and Welspun Corp have achieved a significant milestone by developing Hydrogen-compliant API X65 grade pipes. These pipes successfully surpassed critical sour service and fracture qualification tests for transporting 100% pure gaseous hydrogen under high pressure (100 bar) at RINA, Italy.

Tata Steel becomes the first Indian steel mill to produce hot-rolled steel for hydrogen transportation, while Welspun Corp is the first Indian pipe mill to produce Electric Resistance Welded (ERW) pipes for this purpose. This achievement aligns with India's green hydrogen policy and encourages the transition to a greener, more sustainable future.

ERW pipes are made by forming a flat strip of steel into a cylindrical shape and welding the edges together using electric resistance. The process involves passing an electric current through the edges, which generates heat and fuses them. This results in a seamless joint.

It was in 2022 when Tata Steel and Welspun Corp entered into a Memorandum of Understanding (MOU) to develop hydrogen-compliant API grade pipes through the ERW Pipe route. Tata Steel supplied hot-rolled coils for the project from its Kalinganagar plant in Odisha, while Welspun Corp manufactured ERW pipes. This strategic partnership aims to promote the usage of green hydrogen and contribute to a net-zero economy by 2070.

Last year in June, Tata Steel partnered with SMS group to implement the pioneering Paul Wurth Coke Oven Gas (COG) Injection Technology at their Blast Furnace in Meramandali, Odisha.

Last year Tata Steel initiated a trial, the first-of-its-kind globally, at its Jamshedpur Works, injecting a record-high quantity of hydrogen gas directly into one of its Blast Furnaces. Other initiatives include trials of continuous Coal Bed Methane (CBM) injection, operation of a 5-tonnes-per-day (TPD) industrial plant for carbon capture and utilisation since September 2021, increasing scrap charge in our blast furnaces and efforts to reduce freshwater consumption, develop sustainable supply chains and embrace circular economy principles.

Tata Steel To Go Beyond Steel and Diversify Into FRP Composites, Graphene and Medical Implant Materials

Tata Steel is expanding its horizons beyond traditional steel production. The global steel company is venturing into knowledge-intensive materials to create parallel revenue streams. Specifically, Tata Steel is exploring areas like fibre-reinforced polymers (FRP) composites, graphene, and medical implant materials. By diversifying into these new materials, Tata Steel aims to counter the cyclicality of the steel business and drive revenue streams in parallel to steel business.

At the 68th Annual General Meeting (AGM) of the Madras Management Association held in Chennai, T. V. Narendran, the Managing Director and CEO of Tata Steel, addressed the audience. During his speech, he highlighted Tata Steel's strategic diversification into knowledge-intensive materials beyond steel production.

Used in aerospace, automotive, and construction Industries, Knowledge-intensive materials refer to substances or composites that are developed through advanced research, scientific understanding, and specialized expertise. These materials often exhibit unique properties or functionalities beyond what traditional materials offer.

While Fibre-Reinforced Polymers (FRP) Composites are combinations of fibres (such as glass, carbon, or aramid) embedded in a polymer matrix (like epoxy or polyester). Tata Steel's FRP business fetched a revenue of ₹375 crore in FY24, according to its latest annual report.

Graphene is a single layer of carbon atoms arranged in a hexagonal lattice. It is known for its exceptional strength, electrical conductivity, and flexibility. It finds its applications in electronics, energy storage, and materials Science. Tata Steel, a flagship company of the Tata Group, has been actively involved in graphene research and development. In 2016, Tata Steel launched its Graphene Initiative and established the Graphene Centre in Jamshedpur, India. This move had signaled Tata Steel's transition from a traditional steel company to a materials production company, emphasizing advanced materials like graphene. In 2017, Tata Steel released a graphene-based product range called "Tiscon Superlinks+". These were graphene-coated stirrups used in construction applications.

Tata Steel continues its research and commercialization efforts related to graphene. The company explores opportunities in graphene supply, processing, and applications.

Beside these, Tata Steel is also getting into Medical Ceramics, which according to Narendran, is imported from outside. 
Medical ceramics play a crucial role in healthcare due to their unique properties. The global medical ceramics market reached $11.3 billion in 2023. By 2032, it's expected to reach $17.3 billion, exhibiting a CAGR of 4.7% during 2024-2032.

By leveraging its expertise in material science, Tata Steel aims to create parallel revenue streams while continuing to build steel plants. This forward-thinking approach reflects their commitment to innovation and sustainable growth.

The Tata Steel CEO Narendran also mentioned Tata Steel’s previous attempt in the titanium business and the company's efforts to build a project in Tamil Nadu. The company had plans to set up a project near Thoothukudi due to the availability of rutile sand in the state and had even begun acquiring land. However, the project did not materialize due to several reasons. To recall, in 2003, Tata Steel initiated a feasibility study for an integrated titanium dioxide plant in Tamil Nadu through an agreement with Outokumpu-Lurgi, Pincock Allen Holt, and Larsen & Toubro.

Tata Steel's strategic diversification reflects its commitment to innovation and sustainable growth beyond traditional steel manufacturing.

Tata Steel and Australia's Monash University Sign MoU to Set Up Sustainability-focused Centre for Innovation

Centre will focus on decarbonisation, resource recovery from sustainable sources, and technologies towards smart manufacturing

Will provide educational and professional opportunities for students and academia, and foster the exchange of knowledge and talent between India and Australia

Tata Steel and Australia’s Monash University have signed a Memorandum of Understanding (MoU) to set up a Centre for Innovation on Environment and Intelligent Manufacturing to collaborate on contemporary global challenges such as decarbonisation, resource recovery from sustainable sources, and technologies for advanced, additive, and data-driven manufacturing. The MoU is a milestone that marks the beginning of the first major research and development collaboration of Tata Steel with an Australian institution.

The collaboration will provide educational and professional opportunities for students and academia, fostering the exchange of knowledge and talent between India and Australia. On a broader scale, this partnership will help the Australian innovation ecosystem build stronger ties with India.

T. V. Narendran, CEO & Managing Director, Tata Steel, said: “As the second largest steel-producing country in the world, India’s role in the global steel industry has gained considerable traction not only in terms of volume and quality but also how we manufacture the world’s favourite alloy. As the oldest steel maker in India, Tata Steel has taken upon itself the responsibility of leading the change towards more sustainable manufacturing practices. Today, we are building a comprehensive ecosystem that involves partners from academia and the world of startups. Our agreement with Monash University, an institute with an impressive reputation in material science and the ability to scale research into market-ready solutions, is an addition to this ecosystem. We look forward to a fruitful partnership that opens new business opportunities and drives technological advancements for the benefit of our people and the planet.”

Professor Doron Ben-Meir, Deputy Vice-Chancellor (Enterprise and Engagement) and Senior Vice-President, Monash University, said: "We are pleased to collaborate with Tata Steel to advance material science and chemical process research. Working with a global industry partner of this stature is an important step to driving the development of vital materials and technologies. The collaboration will draw upon Monash University's world-renowned expertise in industry-facing research and scale-up.”

Professor Mainak Majumder of the Faculty of Engineering and Director of the ARC Research Hub for Advanced Manufacturing with 2D Materials (AM2D), said: “The Centre for Innovation is aligned strategically with our mission of thinking locally, but acting globally, as we strive to create impact for Australian-born science and technology.”

As part of its decarbonisation journey, Tata Steel is seeking innovative ways to achieve its sustainability goals through continuous experimentation, investments in research, technological innovations, and collaborations with various academia, startups, and other reputed organisations. The Company recently signed MoUs with Imperial College London and The Henry Royce Institute to set up Centres of Innovation in the UK focussing on sustainable design and manufacturing, and advanced materials.

Tata Steel Becomes the 1st Indian Steel Co. to Ship Fully Loaded Cargo on B24 Biofuel for Its Raw Material Shipment From Australia to India

Tata Steel has recently announced that it has become the first Indian steel company to complete a full laden leg voyage using B24 biofuel for transporting raw materials from Australia to India.

B24 biofuel is a sustainable marine fuel blend that consists of 24% used cooking oil methyl ester (UCOME) and 76% very low-sulphur fuel oil (VLSFO) 1. This blend is increasingly being used in the maritime sector as a 'plug-and- play' solution to reduce carbon emissions while the industry transitions to lower or zero- carbon alternatives.

This significant achievement by Tata Steel involved importing 1,48,500 metric tons of coal from Gladstone, Australia to Paradip, India, with a 20% reduction in carbon emissions compared to traditional methods.

The vessel, MV Cape XL, embarked on this journey from Gladstone port on April 17, 2024, and successfully berthed at Kalinga International Coal Terminal Paradip Private Ltd. (KICTPPL) on May 8, 2024. The use of B24-grade biofuel, which is a blend of 24% used cooking oil methyl ester (UCOME) and 76% very low sulphur fuel oil (VLSFO), resulted in approximately 565 tons less carbon emission.

This initiative not only demonstrates Tata Steel's commitment to reducing carbon emissions but also sets a new standard for sustainability in the maritime industry. It aligns with the company's ambitious Scope 3 reduction targets and marks a milestone in India's maritime sector. Tata Steel's proactive approach towards sustainable shipping practices is commendable and showcases their alignment with global efforts to combat climate change.

Impact on Tata Steel's overall carbon footprint

Tata Steel's use of B24 biofuel for its raw material shipment is a significant step towards reducing its overall carbon footprint. The company has set ambitious sustainability goals, including a 30% reduction in CO2 emissions by 2030 and a 75% reduction by around 2035, with the ultimate goal of achieving carbon neutrality by 2045.

The successful voyage using B24 biofuel, which resulted in a 20% reduction in carbon emissions for that shipment, contributes to these targets¹. By adopting greener shipping practices and investing in sustainable technologies, Tata Steel is actively working to lower the emission intensity of its steel production.

Moreover, Tata Steel is exploring the transition to green hydrogen-based steel making and other innovative technologies to further reduce emissions³. The company's commitment to climate action is also reflected in its endorsement of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Overall, such initiatives are critical for Tata Steel to meet its carbon footprint reduction targets and align with global efforts to combat climate change. The impact of these measures is expected to be substantial, considering Tata Steel's scale and the steel industry's significant contribution to global CO2 emissions.

Tata Steel and TEXMiN of IIT (ISM) Dhanbad Partner to Catalyze Innovation in India’s Mining Sector

Tata Steel and TEXMiN, the Mining Technology Innovation Hub at IIT (ISM) Dhanbad, have entered into a strategic alliance to transform India's mining sector. This partnership is set to catalyze innovation and reshape the landscape of natural resource management in the country. 

The collaboration was announced on April 30, 2024, and involves Tata Steel's Industrial Consulting Division (TSIC) and TEXMiN, at IIT (ISM) Dhanbad.

Through meticulously curated training initiatives, the collaboration aims to empower mining professionals with contemporary proficiencies spanning exploration, mining, remote sensing, and regulatory protocols, ensuring a skilled and competent workforce for the future.

TSIC and TEXMiN will synergise their efforts to conceive novel products and services with commercial viability, focusing on scalability and innovation to address industry challenges and drive transformative change. The partnership will also explore and implement nascent mining technologies, fostering sustainable growth and industry-wide transformation through the adoption of innovative solutions.

Additionally, TSIC and TEXMiN will collaborate in governmental and private sector initiatives, leveraging their complementary competencies to overcome challenges and foster a culture of transformative change within the mining industry.

The Memorandum of Understanding (MoU) between the two entities marks a significant step towards propelling the mining industry into the era of Mining 4.0. It emphasizes both institutions' commitment to fostering a sustainable and efficient future for the sector.

Key Objectives of the Alliance:

• Technical Advancements: Prioritizing technical advancements to redefine resource management practices.
• Skill Development: Empowering mining professionals with contemporary skills in exploration, mining, remote sensing, and regulatory protocols.
• Innovative Technologies: Integrating cutting-edge software and digital methodologies into exploration, mining, and beneficiation processes.
• Novel Products and Services: Conceiving scalable and innovative solutions to address industry challenges.
• Sustainable Growth: Implementing nascent mining technologies to foster sustainable growth and industry-wide transformation.

This strategic alliance is expected to drive transformative change across the sector, setting new benchmarks for efficiency and sustainability.

TEXMiN (Technology Innovation in Exploration & Mining) Foundation, instituted by DST, GoI, under the NMICPS mission, is a Section 8 company and the preeminent Mining Technology Innovation Hub of IIT (ISM) Dhanbad. It is committed to addressing the manifold challenges confronting the mining and exploration sector through the strategic deployment of CPS-based technologies.

Tata Steel Q4 2024 Update and FY'24 Production and Delivery Volumes (Provisional)

Tata Steel has reported its Q4 update for the fiscal year 2024. Tata Steel India has achieved highest ever annual crude steel production of ~20.8 million tons, with a growth of 4% YoY by debottlenecking across sites and achieving higher steel production at Neelachal Ispat Nigam Limited. In 4QFY24, crude steel production was broadly stable and stood at around 5.38 million tons.

Here are the key highlights:

Crude Steel Production: The production was stable at around 5.38 million tonnes.

India Deliveries: There was a 6% year-over-year (YoY) increase, surpassing the previous best in FY2023. The quarter saw the highest ever quarterly deliveries at 5.41 million tonnes.

Annual Production: Tata Steel achieved its highest-ever annual crude steel production of 20.8 million tonne, marking a 4% growth YoY.

The Netherlands and UK Subsidiary: Tata Steel Netherlands posted steel production of 4.80 million tonnes and deliveries of 5.30 million tonnes for FY24. Tata Steel UK produced 3.02 million tonnes and delivered 2.80 million tonnes.

Branded Products & Retail: Deliveries in this segment increased by 11% YoY in FY24, with Tata Tiscon crossing sales of 2 million tonnes.

Tata Steel Aashiyana: The e-commerce platform for individual home builders saw revenues of Rs. 2,240 crore, up 30% YoY.

Financial Performance: The company rebounded from a net loss of Rs 2,501.95 crore in the corresponding quarter of the previous year.

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Tata Steel Becomes First-in-India to Integrate Transgender Employees in Core Mining Operations

Tata Steel has taken a pioneering step in workforce diversity by integrating transgender employees into its mining operations. On March 31, 2024, in celebration of International Transgender Day of Visibility, Tata Steel's West Bokaro Division onboarded 14 new transgender trainees as Heavy Earth Moving Machinery (HEMM) Operator Trainees.

This initiative has increased the company's total transgender workforce to 120.

The company has been at the forefront of promoting diversity, equity, and inclusion (DE&I) in the workplace, with various programs and policies designed to create a respectful and supportive environment for all employees.

The inclusion of transgender employees in core mining operations is not only about providing jobs but also about empowering these individuals, fostering an inclusive work environment, and enhancing the diversity of Tata Steel's workforce.

Tata Steel's West Bokaro Division has been at the forefront of integrating transgender persons into its workforce. Earlier in 2022, the division took a landmark step by onboarding 14 transgender employees as Heavy Earth Moving Machinery (HEMM) Operators at its mines, who are successfully operating 100-ton dumpers in West Bokaro.

This initiative goes beyond just providing jobs. It empowers transgender employees, fosters a more inclusive work environment, and strengthens the diversity of Tata Steel's workforce.

Anurag Dixit, General Manager, West Bokaro Division, Tata Steel, said, "We are delighted to welcome our new Operator Trainees today. This is a momentous occasion as we continue to build a truly inclusive workplace at West Bokaro Division. We are confident that our new trainees will make valuable contributions to our team, and we are committed to providing them with the support and opportunities they need to succeed."

In India, besides Tata Steel several companies are actively working towards transgender inclusion in the workplace. Here are some examples:

• RJ Corp: This conglomerate is also known for hiring transgender workers.
• Publicis Sapient: The global advertising firm has hired transgender individuals through programs like the Rainbow Internship.
• ESL Steel: Part of the Vedanta Group, ESL Steel is planning to hire transgender employees in administration and security functions.
• The Lalit Suri Hospitality Group: They offer higher stipends for skill enhancement training programs for transgender people, recognizing the additional costs they may incur for hormone therapy.

These companies are not only providing employment opportunities but also revising their policies to be more inclusive, offering health insurance benefits that include gender reaffirmation surgery and hormone replacement therapy, and identifying more roles for transgender employees. This reflects a growing momentum towards increasing the participation of transgender individuals in regular office work.

Tata Steel To Infuse ~ Rs 6,600 Crore in Equity of Neelachal Ispat Nigam

Tata Steel plans to infuse up to Rs 6,600 crore in Neelachal Ispat Nigam Ltd (NINL) 's equity over the next two years, reported The Telegraph. This capital injection aims to fund NINL's expansion plans, specifically focusing on its long products business segment.

This move comes after Tata Steel acquired NINL, in early 2022, for Rs 12,100 crore through a government divestment process. NINL is expected to benefit from Tata Steel's expertise in the steel industry, allowing it to grow its long products business. Analysts believe this investment is a positive step for Tata Steel, as it strengthens their presence in the long products market and aids NINL's growth trajectory.

Neelachal Ispat Nigam Ltd (NINL) is an integrated iron and steel plant located at Kalinganagar, Duburi, Dist-Jajpur, Odisha. Presently, NINL produces pig iron and LAM coke, along with other products like nut coke, coke breeze, crude tar, ammonium sulphate, and granulated slag (phase-l). The company also has its own captive power plant and exports a substantial quantity of power.

Tata Steel Long Products Limited (TSLP), a subsidiary of Tata Steel, has completed the acquisition of 93.71% in NINL from various entities, including MMTC Ltd., NMDC Ltd., MECON Ltd., and others. The acquisition was made for Rs. 12,100 Crore.

NINL is located in close proximity to Tata Steel's state-of-the-art facility at Kalinganagar. This acquisition provides synergies of shared infrastructure, resources, and management. Tata Steel aims to build a dedicated and sustainable long products complex.

Tata Steel plans to restart the existing 1-million tons per annum steel plant at NINL and simultaneously work on expanding its capacity. The goal is to build a 4.5 million tons per annum state-of-the-art long products complex in the next few years, with further expansion to 10 million tons per annum by 2030.

NINL will focus on producing long products such as wire, bars, and rods, which are crucial for India's infrastructure development and construction sector.

This investment aligns with Tata Steel's commitment to Odisha and its growth strategy in the long products business.

In steel manufacturing, long products refer to a variety of steel shapes and forms that are typically elongated or have extended lengths. These include — Hot Rolled Bar commonly used in construction and manufacturing; Cold Rolled or Drawn Bar; Rebar (Reinforcing Bars), used to reinforce concrete structures, such as in buildings and bridges; Railway Rails, the tracks on which trains run, made from long steel sections, and others.

Long products play a crucial role in construction, infrastructure, and manufacturing sectors.

Tata Steel Reports Consolidated Revenues for H1 2023 at Rs 1,15,172 Crores

Tata Steel reports Consolidated EBITDA of Rs 4,315 crores for the quarter

Highlights:

• Consolidated Revenues for the half year stood at Rs 1,15,172 crores. EBITDA was Rs 10,437 crores and the EBITDA margin was 9%.
• Consolidated Revenues for the July – Sep quarter stood at Rs 55,682 crores. EBITDA was Rs 4,315 crores and the EBITDA margin was 8%.
• The company has spent Rs 4,553 crores on capital expenditure during the quarter and Rs 8,642 crores for the half year. The 5 MTPA expansion at Kalinganagar and 0.75 MTPA EAF project in Punjab are under implementation.
• Net debt stands at Rs. 77,032 crores. Our group liquidity remains strong at Rs 27,637 crores. We are now rated Investment grade by Standard & Poor’s and Moody’s.
• India revenues were Rs 33,922 crores and EBITDA was Rs 6,841 crores
• Crude steel production was around 5 million tons and was broadly similar on QoQ basis but up 5% on YoY basis.
• Deliveries at 4.82 million tons were marginally higher QoQ driven by rise in domestic deliveries. Broad based improvement was witnessed across key end use segments despite seasonal factors.
• EBITDA was Rs.6,841 crores which translates into an EBITDA margin of 20%.
• Europe revenues were £1,812 million and EBITDA loss stood at £242 million.
• Liquid steel production was 1.95 million tons and the QoQ improvement was primarily driven by better operating efficiency at Netherlands.
• Deliveries stood at 1.81 million tons and were marginally lower due to subdued demand and the ongoing reline of one of the blast furnaces at Ijmuiden, which will be completed in 3QFY2024.
• We have assessed the potential impact of the EAF based decarbonisation project and restructuring in UK. We have taken an impairment charge of Rs 12,560 crores in standalone financial statements and Rs 2,746 crores in consolidated financial statements. In addition, we have taken a charge towards restructuring & other provisions of Rs 3,612 crores in consolidated financial statements.

Tata Steel is committed to reaching net zero by 2045 and is pursuing decarbonisation of its operations in a phased manner calibrated to the regulatory framework and support from the government and customers in each country.

In September, Tata Steel announced plans to invest in a state-of-the-art scrap based EAF at Port Talbot, UK at a cost of £1.25 bn with a government grant of £500 million, subject to relevant regulatory approvals, information and consultation processes and finalization of detailed terms & conditions. The transition to EAF based steelmaking will result in reduction of 50 mn tons of direct carbon emissions over a decade.

Tata Steel Netherlands has been working intensely with the Government of Netherlands on the contours of the decarbonisation project covering emission and health standards and will shortly be submitting the detailed decarbonisation proposal to the Government of Netherlands seeking regulatory and financial support which is critical to build a strong business case for Tata Steel Netherlands. Both parties will discuss the detailed conditions of the project and based on the support indicated by the Government of Netherlands, the Board of Tata Steel will duly consider the project for approval at an appropriate time.

Tata Steel Limited to enter into an agreement to source 379 MW of renewable power for India operations, which will enable reduction of 50 million tons of carbon emissions over a period of 25 years.

Mr. T V Narendran, Chief Executive Officer & Managing Director, “Tata Steel India delivered steady performance, with crude steel production of around 5 million tons. Domestic deliveries were up 6% YoY, despite renewed volatility and seasonal factors during the quarter. Among the key segments, Auto and Branded Products & Retail had best ever 2Q sales. We have started producing FHCR coils at Kalinganagar CRM complex and have started receiving approvals from automotive OEMs for our cold rolled steel. Our retail sales to home builders continue to grow aided by our strong distribution network. Tata Steel Aashiyana, the e-commerce platform, services more than 10,000 unique customers per month. Moving to Sustainability, we remain committed to Net Zero by 2045 and have calibrated the decarbonisation of steelmaking as per the operating geography. In UK, we plan to invest in a state-of-the-art scrap based EAF with the government support and this will enable reduction of 50 million tons of direct carbon emissions over a decade. In Netherlands, we will shortly be submitting the detailed decarbonisation proposal to the Dutch government seeking regulatory and financial support. In India, we are committed to responsible growth and are undertaking multiple initiatives ranging from scrap charging in blast furnace to greening the power mix. We are entering into an agreement to secure 379 MW renewable power for our India operations. I am happy to share that Tata Steel has received Safety and Health Excellence recognition for 2023 by worldsteel.”

Mr. Koushik Chatterjee, Executive Director and Chief Financial Officer, “Tata Steel Consolidated revenues for the quarter stood at Rs 55,682 crores and consolidated EBITDA stood at Rs 4,315 crores, which translates to an EBITDA margin of 8%. India business generated higher margin of around 20% and EBITDA stood at Rs 6,841 crores. In Europe, margins moderated especially in UK business while Netherlands business was broadly stable on QoQ basis. Revenue per ton was lower in both geographies. However, improved costs in Netherlands led to broadly similar margins. Cash flow from operations before interest stood at Rs 4,658 crores driven by favourable working capital movement. Our capital expenditure was Rs 4,553 crores during the quarter and Rs 8,642 crores for the half year. This is broadly in line with our annual guidance of ~Rs 16,000 crores for FY2024 and we continue to prioritise completion of the 5 MTPA Kalinganagar expansion. Our Net debt stands at Rs 77,032 crores and the group liquidity position remains strong at Rs 27,637 crores. During the quarter, Moody’s upgraded our credit rating to investment grade. Given our plans to change the processed route for steelmaking, the existing heavy end assets at TSUK will only be used for a defined period. Accordingly, we have taken an impairment charge of Rs 12,560 crores in the standalone financial statements. We have also taken a charge of Rs 6,358 crores in consolidated financial statements in relation to the UK business. We continue to remain focused on cost optimisation, operational improvements and working capital management to maximise cashflows.”

Disclaimer

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred, or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum.

It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world.

The group recorded a consolidated turnover of ~US$30.3 billion in the financial year ending March 31, 2023.

A Great Place to Work-CertifiedTM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.

Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045, Net Zero Water consumption by 2030, improving Ambient Air Quality and No Net loss in Biodiversity by 2030.


The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants.


Tata Steel aspires to have 25% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.


The Company has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.


Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteelTM Certification.

Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2023 Steel Sustainability Champion recognition from worldsteel for six years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance, and ‘Most Ethical Company’ award 2021 from Ethisphere Institute.

Received 2022 ERM Global Award of Distinction, ‘Masters of Risk’ - Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

Ludhiana To House Tata Steel’s 1st Low-Carbon Green Steel Plant in India Worth Rs 2,600 Cr

[Photo ~ IJmuiden Works, Tata Steel Europe] 

The Rs 2,600 cr plant to be commissioned by March 2025

Plant to generate 500 direct employment and 2,000 indirect jobs

Tata Steel, on Friday, held the groundbreaking ceremony for its upcoming 7,50,000 tonne per annum scrap-based electric arc furnace (EAF) plant in Ludhiana. Shri Bhagwant Mann, Hon’ble Chief Minister of Punjab and T. V. Narendran, CEO & MD, Tata Steel, performed the ceremony in the presence of senior government officials and Company representatives.

This is Tata Steel’s first low-carbon green steel plant in India. This new facility in Ludhiana represents a significant step in Tata Steel’s commitment to sustainable manufacturing and attaining Net Zero by 2045. It will have cutting-edge technology, including electric arc furnaces, which is energy-efficient and produce significantly lower carbon emissions compared to traditional steelmaking processes.

Ludhiana has been specifically selected given its proximity to the Hi-Tech Valley Industrial Park as well as an auto hub from where steel scrap can be sourced to produce long steel products for the market under the Company’a flagship Tata Tiscon brand. 

T.V. Narendran, Chief Executive Officer & Managing Director, Tata Steel, said: “We are commencing a new journey of transition towards a more sustainable Electric Arc Furnace-based steel making, through which we will continue our pursuit of decarbonisation. This proposed new state-of-the-art facility in Ludhiana marks a significant stride in our commitment to sustainable manufacturing and achieving Net Zero by 2045.

I express my sincere gratitude to the Government of Punjab for their continuing support and collaboration in making this project possible. We hope to continue to work together to forge a sustainable and vibrant tomorrow. "

A capital expenditure of Rs 2,600 crore is being made in the first phase of the project. The Company plans to commission this project by March 2025. This plant would benefit the youths of Punjab, providing 500 of them with direct jobs and to another 2,000 by way of indirect employment.

In pursuit of achieving its Net Zero target and attaining leadership in sustainability, Tata Steel has made focussed interventions across the value chain and is committed towards reducing its carbon footprint in production and through the life cycle of the product. In 2021, Tata Steel also commissioned its first Steel Recycling Plant of 0.5 MnTPA capacity at Rohtak in Haryana. It is the first such state-of-the-art scrap
processing facility in the country.

In April, Tata Steel, in a world’s first instance, did a trial on its Jamshedpur plant, wherein a large quantity of hydrogen gas was continuously injected in a blast furnace, which marked a major milestone in the steel industry's journey towards green and sustainable steelmaking.

Later in June, Tata Steel and Germany’s SMS group collaborated on decarbonisation of steel making process. It was demonstrated at ‘E’ Blast Furnace in Tata Steel’s Jamshedpur plant with an objective to reduce CO2 emission by more than 50% from blast furnace’s baseline operation.

Tata Steel To Acquire 26% in TPVSL, A Subsidiary of Tata Power Renewable Energy

Tata Steel Limited (‘TSL’) on Thursday announced that it has concluded negotiations to enter into definitive agreements with TPREL and TP Vardhaman Surya Ltd. (‘TPVSL’) to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. TSL will also execute a fixed-tariff long-term agreement with TPVSL to source 379 MW of captive renewable power, which will save 50 million tons of carbon emissions over the contract period of 25 years.

TPVSL will set up a ~966 MW solar-wind hybrid renewable power facility which would make it one of the biggest industrial power projects under group captive segment in the country. This arrangement will replace a part of the existing coal-based power generation at Tata Steel Jamshedpur and cater to the requirements at Tata Steel Kalinganagar and the Electric Arc Furnace project at Ludhiana, Punjab.

T.V. Narendran, Chief Executive Officer and Managing Director, Tata Steel, said: “Our partnership with Tata Power Renewable Energy marks a pivotal step in Tata Steel's sustainability journey towards achieving Net Zero carbon emissions by 2045. We stay committed to reducing our environment footprint and transitioning towards clean, green energy solutions, thus enabling a better tomorrow.”

Dr. Praveer Sinha, CEO & MD, Tata Power, said: “Tata Power is happy to develop this round-the-clock hybrid renewable power plant for Tata Steel. It is one of the largest industrial group captive plants in the country and will contribute towards meeting their clean energy goals by significantly reducing the carbon emissions."