In Short : Greenzo Energy has secured an order from Jindal Stainless to set up a green hydrogen electrolyser plant at its Jajpur facility in Odisha. The plant will produce 472 tonnes of green hydrogen annually, scalable up to 1.5 KTPA. Greenzo will manage supply, installation, commissioning, and training, supporting Jindal Stainless’ decarbonization and clean […]
Jindal Stainless acquires stake in SPV formed with Oyster Renewable Energy – EQ
In Short : Jindal Stainless acquired a 33.64% stake in Oyster Green Hybrid One Pvt Ltd, developing a 282 MW wind-solar hybrid project in Gujarat and Madhya Pradesh. Supported by IREDA funding, the ₹1,517 crore project will supply clean energy under a 25-year PPA, generating 700 million units annually and reducing 7 lakh tonnes of […]
Jindal Stainless surges after arm signs power purchase agreement with Sunsure Energy – EQ
In Short : Jindal Stainless shares jumped after its subsidiary, JSL Super Steel, signed an 11 MWp solar power purchase agreement with Sunsure Energy. The deal will supply 16.5 million units of green energy annually to JSL’s Ghaziabad plant, offsetting 12 million kg of CO₂ emissions. This supports JSL’s goal to reduce carbon emissions by […]
Jindal Stainless commits to science-based targets for achieving net zero -EQ
In Short – Jindal Stainless pledges to adopt science-based targets as part of its strategy to achieve net zero emissions. This commitment underscores the company’s dedication to aligning its actions with scientific recommendations, driving progress towards a carbon-neutral future In Detail – Jindal Stainless, the largest stainless steel manufacturer in India, has formally pledged its commitment […]
Jindal Stainless ropes in UK-based SBTi to help reduce carbon footprint – EQ
In Short : “Jindal Stainless partners with UK-based SBTi to mitigate carbon footprint, signaling a commitment to sustainability and environmental stewardship through innovative measures in the steel industry.” In Detail : NEW DELHI: Jindal Stainless on Tuesday announced a collaboration with global climate action body Science-Based Targets initiative (SBTi) to develop measures which will help […]
Jindal Stainless to generate 1.9 bn units of clean energy via green drive – EQ
In Short : Jindal Stainless plans to generate 1.9 billion units of clean energy through its green drive. This initiative likely involves sustainable practices, such as renewable energy projects, contributing to the company’s commitment to clean power generation and environmental responsibility. In Detail : The initiatives have the potential to reduce carbon emissions by over […]
Jindal Stainless to invest Rs 120 crore to set up two rooftop solar projects – EQ Mag
New Delhi : Jindal Stainless Ltd (JSL) on Tuesday said it will invest Rs 120 crore to set up rooftop solar capacities at its Jajpur and Hisar facilities. While a project of 21 megawatt peak (MWp) will be set up in Jajpur, another 6 MWp rooftop solar capacity will be installed at company’s unit in […]
Jindal Stainless to set up green hydrogen plant – EQ Mag Pro
New Delhi : Jindal Stainless Limited (JSL) has partnered with Hygenco India Private Limited to set up a green hydrogen plant. This plant will enable JSL to reduce its carbon emissions by nearly 2,700 MT per annum, it said in a statement. Hygenco is a venture-backed by Vivaan Solar, a leading solar developer and renewables […]
Jindal Stainless keen to invest in renewable energy sector: MD Abhyuday Jindal – EQ Mag Pro
The capacities will be both solar and wind,” Jindal said speaking on the sidelines of the Global Stainless Steel Expo (GSSE) 2022. Jindal Stainless Limited (JSL) is keen make an investment in the renewable energy sector to set up 300 MW solar and wind capacities in three states, its MD Abhyuday Jindal said. There will […]
Jindal Stainless eyes Rs.200 crore revenue in the E-rickshaw market
New Delhi: First Stainless Steel E-rickshaw was commercially launched during 10th Electric Vehicle Expo 2019 (EVEXPO 2019) held in Pragati Maidan, Delhi between 20-22nd December. Nimish Goel, Segment Head, Electric Vehicles, Jindal Stainless, Jitendra Thukral, MD, Thukral Electric Bikes and Anupam Batra, MD, SKS Trade India were present on this occasion. Jindal Stainless had developed […]
