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Vedanta working on solution to use hydrogen instead of coke in manufacturing process

11 Apr 2022 Evaluate

Vedanta is working on a solution to use hydrogen instead of coke in its manufacturing process so as to reduce carbon emissions, as part of its plan to shift towards green steel.

Vedanta's Sesa Goa Iron Ore Business is looking for a tie-up with IIT-Bombay to carry out a research for manufacturing pig iron ore using hydrogen in place of coke. The solution is aimed at reducing carbon emission in the production process and will help manufacture green steel (an outcome of a climate-friendly process).

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 940.00
Vedanta 255.00
Hindustan Zinc 561.60
Jain Resource Recycl 290.50
CMR Green Tech 221.35
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