Business Standard

Truly a turning point in resetting competitiveness: Tata Steel ED & CFO

Tata Steel ED & CFO, Koushik Chatterjee, discusses how the structural issues of the plant are going to be fixed and impact of carbon border adjustment mechanism

Koushik Chatterjee
Premium

Koushik Chatterjee, Tata Steel executive director and chief financial officer

Ishita Ayan Dutt
Tata Steel and the UK government on Friday announced a £1.25 billion investment proposal, which included a government grant of £500 million for decarbonising Port Talbot (south Wales), the primary steelmaking site in the UK, which has largely been a drag the past 16 years. In a video conference, Tata Steel Executive Director and Chief Financial Officer Koushik Chatterjee discusses with Ishita Ayan Dutt the next steps in the process, how the structural issues of the plant are going to be fixed, and the impact of the carbon border adjustment mechanism. Edited excerpts:

Is the grant from the UK government

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 17 2023 | 11:34 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com