Jindal Stainless to Invest Rs 7 Bn in Green Decarbonisation Projects
Steel

Jindal Stainless to Invest Rs 7 Bn in Green Decarbonisation Projects

Jindal Stainless (JSL) has outlined a Rs 7 billion investment plan over the next five years to support its decarbonisation initiatives, reinforcing its commitment to achieving net-zero emissions by 2050. The company’s strategy includes key environmental projects such as renewable energy adoption, green hydrogen integration, biodiversity conservation, waste management, and advanced carbon capture technologies. These initiatives aim to significantly reduce greenhouse gas (GHG) emissions and cut carbon intensity by 50 per cent by the financial year 2035.

To enhance its sustainability efforts, JSL has initiated a task force focused on nature-related financial disclosures (TNFD). This task force will assess and mitigate environmental risks while identifying opportunities for long-term resilience. The TNFD framework is structured around four core areas: governance, strategy, risk management, and impact assessment, ensuring effective monitoring and implementation of sustainability goals.

JSL’s recent sustainability report highlights substantial investments in renewable energy, green hydrogen, and innovative recycling technologies. Additionally, the company has developed Biodiversity Management Plans (BMPs) and conducted nature risk assessments at key manufacturing facilities in Jajpur, Hisar, and Vizag. These efforts align with JSL’s broader objective of integrating sustainability into its operations while supporting environmental conservation and resource efficiency.

News source: BW BusinessWorld

Jindal Stainless (JSL) has outlined a Rs 7 billion investment plan over the next five years to support its decarbonisation initiatives, reinforcing its commitment to achieving net-zero emissions by 2050. The company’s strategy includes key environmental projects such as renewable energy adoption, green hydrogen integration, biodiversity conservation, waste management, and advanced carbon capture technologies. These initiatives aim to significantly reduce greenhouse gas (GHG) emissions and cut carbon intensity by 50 per cent by the financial year 2035. To enhance its sustainability efforts, JSL has initiated a task force focused on nature-related financial disclosures (TNFD). This task force will assess and mitigate environmental risks while identifying opportunities for long-term resilience. The TNFD framework is structured around four core areas: governance, strategy, risk management, and impact assessment, ensuring effective monitoring and implementation of sustainability goals. JSL’s recent sustainability report highlights substantial investments in renewable energy, green hydrogen, and innovative recycling technologies. Additionally, the company has developed Biodiversity Management Plans (BMPs) and conducted nature risk assessments at key manufacturing facilities in Jajpur, Hisar, and Vizag. These efforts align with JSL’s broader objective of integrating sustainability into its operations while supporting environmental conservation and resource efficiency. News source: BW BusinessWorld

Next Story
Infrastructure Urban

Honeywell Unveils AI Tools to Enhance Green Hydrogen Efficiency

"Honeywell has introduced Honeywell Protonium, a comprehensive suite of advanced technologies driven by artificial intelligence (AI) and machine learning (ML), aimed at improving the efficiency, scalability, and cost-effectiveness of green hydrogen production. The technology is designed to address key industry challenges such as power intermittency, high production costs, and carbon intensity, thereby facilitating the wider adoption of clean hydrogen as a sustainable energy source.The first deployment of Honeywell Protonium will take place at Aternium, a US-based large-scale clean hydrogen pro..

Next Story
Infrastructure Transport

NHAI Plans Link Road for Expressway Access

The National Highways Authority of India (NHAI) is evaluating the construction of an 18 km road to connect the Bengaluru-Chennai Expressway, within Karnataka, to the Bengaluru-Kolar Highway (NH 75). This strategic link is aimed at improving connectivity for motorists travelling towards the Andhra Pradesh border, including destinations like Chittoor and Tirupati. Currently, a 68 km section of the expressway — from Hoskote to Bethamangala near Kolar Gold Fields (KGF) — is operational. However, due to the absence of seamless end-to-end connectivity, users are forced to navigate through narr..

Next Story
Infrastructure Transport

Bengaluru to Get 40-Km Signal-Free Transit Corridor

In a major push to modernize Bengaluru’s transport infrastructure, the Karnataka Government has approved the construction of a 32.15 km double-decker flyover with a metro line along the city’s Outer Ring Road. This transformative initiative aims to ease the daily commute for thousands and provide lasting relief from the city's chronic traffic congestion. In tandem, an additional 8 km elevated stretch will be constructed on Magadi Road as part of Namma Metro’s Phase III expansion. Together, these projects will add over 40 km of new, signal-free metro routes—making daily travel faster, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?