Tata Steel Ltd.

Tata Steel has been actively engaged with the UK government for financial support for its business there. The company is seeking support from the UK government in two forms. In policy terms by encouraging the transition to green steel and ensuring a cost competitive landscape, and partnership in financing of the project given the size of investment and the financially constrained position of its UK business.

Tata Steel owns the UK's largest steelworks at Port Talbot in South Wales and employs around 8,000 people across all its operations in the country. The company is seeking 1.5 billion pounds from the UK government to execute its decarbonisation plans. As part of the UK's decarbonisation move and rising carbon costs in the country, it is necessary for Port Talbot to transition to alternative technologies to remain viable.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.