Tata Steel breaks ground for green steel plant in Ludhiana
24 Oct 2023 CW Team
Tata Steel marked a significant milestone with the commencement of the groundbreaking ceremony for its forthcoming scrap-based electric arc furnace (EAF) plant in Ludhiana. This state-of-the-art facility is set to have an annual capacity of 7.50 lakh tonnes and will represent a major leap towards low-carbon, environmentally sustainable steel production. The project, which comes with a first-phase investment of ?32,600 crore, is projected to be operational by March 2025.
This initiative marks Tata Steel's first foray into establishing a low-carbon green steel plant within India. The facility is envisioned to incorporate cutting-edge technology, prominently featuring electric arc furnaces known for their energy efficiency and notably reduced carbon emissions compared to conventional steelmaking methods. This endeavor aligns with the company's commitment to greener and more sustainable steel production processes, emphasizing a pivotal shift towards environmentally responsible industrial practices.