Jindal Steel (JSPL) and Jindal Renewables (JRPL), led by Navin Jindal, have signed a Memorandum of Understanding (MOU) to launch the largest green hydrogen project in India’s steel industry. The agreement focuses on incorporating green hydrogen into JSPL’s Direct Reduced Iron (DRI) units located in Angul, Odisha.
The initial phase of the project will see Jindal Renewables establish a green hydrogen production capacity of up to 4,500 tons per year, with operations slated to begin by December 2025. Additionally, the project will provide 36,000 tons of oxygen annually for the Angul steelworks.
JRPL will also supply 3GW of renewable energy to JSPL’s operations, aiming to cut the steelmaker’s reliance on coal-fired energy by 50% over the next 2-3 years.
Sanjay Singh, Director of Strategy and Corporate Affairs at JSPL, emphasized that integrating green energy and hydrogen into production processes will significantly reduce the company’s carbon footprint and set a new standard for the Indian steel sector.
JSPL will offer necessary infrastructure and support, while JRPL will manage the development and operation of the hydrogen and renewable energy facilities. Jindal Steel & Power Limited (JSPL), part of the Jindal Group and led by Navin Jindal, is a prominent player in the global steel and energy sectors. With a robust presence in steel manufacturing, the company is known for its diverse product portfolio, including long steel products, flat products, and pellets.
JSPL operates significant steel production facilities in India and abroad, including state-of-the-art plants in Angul, Odisha, and Raigarh, Chhattisgarh. The company is committed to sustainability and innovation, actively pursuing initiatives to reduce its carbon footprint and enhance production efficiency. Through strategic investments and partnerships, such as its recent green hydrogen project with Jindal Renewables, JSPL aims to lead the steel industry towards more eco-friendly practices and sustainable growth.
