JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1243.30
13.55 (1.10%)
< Home < Back

JSW Steel aims to reduce carbon emissions by earmarking Rs 10,000 crore

Date: 30-06-2022

JSW Steel has earmarked Rs 10,000 crore for investments to reduce the company’s carbon emissions through various initiatives, such as increasing the use of renewable energy to replace thermal power, reducing fuel rate through improved raw material quality via beneficiation, and deployment of best technologies.

The company also aims to reduce carbon emissions intensity by 42 per cent by 2030. Besides, the company has contracted for about 1 GW of renewable energy, of which 225 MW became operational in April 2022, and the balance will come on stream in phases.

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.