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Tata Steel
India's diversification of energy sources and enhancing access to critical minerals are crucial for the country's economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday. Addressing the AIMA Leadership Conclave, Narendran termed India's energy and critical minerals diversification move as a "layered vulnerability". "The challenge is obvious while we are diversifying our sources of energy and critical minerals, and we must; this diversification is also a layered vulnerability, not just dependence on imports but also dependence on political goodwill that allows these imports to flow," he said. He further noted that this decade began with the pandemic, an enormous disruption that forced governments to act swiftly, spurred rapid advances in science and pushed businesses and societies to adapt and find ways to cope. Referring to the Covid-19 crisis, he said the pandemic was followed by a succession of shocks -- fractured
Vedanta group firm Hindustan Zinc Ltd on Monday said it has partnered with Tata Steel to expand the use of its low-carbon zinc solution, EcoZen, in steel manufacturing. The partnership highlights both firms' resolve to weave climate priorities into their core operations and sourcing strategies. "Hindustan Zinc... has strengthened its longstanding association with Tata Steel to expand the integration of EcoZen, its lowcarbon zinc solution into sustainable steel manufacturing," Hindustan Zinc said in a filing to the BSE. EcoZen is produced using renewable energy and has a verified carbon footprint of less than one tonne of CO equivalent per tonne of zinc -- about 75 per cent lower than the global industry average. By significantly reducing emissions at the raw material stage, EcoZen enables downstream industries to lower value-chain emissions and advance their decarbonisation goals. "Our partnership with Tata Steel is a significant milestone in scaling up the adoption of low-carbon
Punjab Chief Minister Bhagwant Mann on Friday inaugurated Tata Steel's state-of-the-art scrap-based electric arc furnace built with an investment of nearly Rs 3,200 crore. Speaking on the occasion, Mann said the state government offers a congenial environment for the industry to flourish. The 0.75 million tonne per annum (mtpa) scrap-based facility is designed to achieve CO emissions less than 0.3 tonnes per tonne of steel, Tata Steel said. According to a company statement, Tata Steel Friday marked a historic milestone in the company's journey toward sustainable steelmaking with the introduction of its scrap-based Electric Arc Furnace (EAF) facility at Hi-Tech Valley, Ludhiana. "As India accelerates its transition towards a climate-resilient future, sustainability has become a national imperative - one that demands urgent, collective action. The EAF reflects Tata Group's long-term commitment to building a greener, more resilient industrial future," Tata Steel Chairman N Chandraseka