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JSW Steel on Tuesday signed a memorandum of understanding (MoU) with SMS group, a German engineering and technology company, for exploring decarbonisation projects at the Indian firm’s plants.
A statement said that the collaboration would enable the companies to together explore opportunities to reduce carbon emissions and produce green steel. The SMS group would provide its experts for design, engineering consultancy, and commissioning of projects. JSW Steel, the flagship company of the $22 billion JSW Group, would provide support at its plants for SMS group to explore solutions for decarbonisation projects.
“While the steel industry accounts for 0.7 per
A statement said that the collaboration would enable the companies to together explore opportunities to reduce carbon emissions and produce green steel. The SMS group would provide its experts for design, engineering consultancy, and commissioning of projects. JSW Steel, the flagship company of the $22 billion JSW Group, would provide support at its plants for SMS group to explore solutions for decarbonisation projects.
“While the steel industry accounts for 0.7 per
