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Jindal Stainless taking host of measures to reduce carbon emissions

12 Sep 2022 Evaluate

Jindal Stainless (JSL) is taking a host of measures to reduce carbon emissions of its present and planned capacities, which includes setting up renewable energy capacities. During FY22, JSL reduced its carbon emissions by 3,100 metric tonnes and initiated a switch from a thermal energy-intensive manufacturing setup to renewable energy alternatives such as solar and wind power.

In the renewable energy space, JSL is looking for partners to set up 300 MW solar and wind capacities in states like Odisha, Haryana and Rajasthan. The talks with a few players are already underway. The investment will be through joint venture/ventures which will be formed post finalisation of the keen parties.

Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Peers
Company Name CMP
JSW Steel 1223.05
Tata Steel 178.00
Steel Authority 175.05
Jindal Stainless 729.75
APL Apollo Tubes 2156.25
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