JSW Steel has collaborated with German-based engineering and technology company SMS group to explore multiple cutting-edge solutions and R&D projects to reduce carbon emission in its iron and steelmaking operations in India. The collaboration will enable the companies to explore opportunities together to reduce carbon emissions and produce green steel in one of the hard-to-abate sectors.
A Memorandum of Understanding (MoU) between JSW Steel and SMS group GmbH, has been signed for exploring solutions for implementation of the decarbonisation projects across various JSW Steel plants in India.
To achieve the task of decarbonisation at various JSW Steel plants, the SMS group, the leading partner with the world use their expertise and experience in metallurgy, industrial processes and digitalisation, shall provide its technology experts design, engineering consultancy and commissioning for executing various projects. JSW Steel shall make available at its plants all the support to SMS group like raw materials, consumables and manpower for exploring solutions for implementation of general decarbonisation projects.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.90 |
| JSW Steel | 1268.80 |
| SAIL | 177.55 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2122.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: