【Ferro-alloys.com】:JSW Steel plans to invest USD 1 billion in its operations with the aim of achieving net zero emissions by 2050.

India aims to reach net zero by 2070. JSW Steel, on the other hand, aims to reduce its emissions from 2.36 tons of C02 per ton of steel to 1.95 tons by 2030 in the first phase. The company aims to reach net zero by 2050 using green hydrogen and carbon capture, utilization and storage.

The steel industry is responsible for nearly a fifth of the industrial energy used in India and about 12% of total energy infrastructure carbon emissions.Sajjan Jindal, chairman and managing director, emphasized the role of decarbonized steel in India's green future in the company's first climate action report.

• [Editor:Alakay]