Tata Steel has partnered with Germany's SMS group to explore development of low carbon steel making process. As part of the MoU, both companies shall undertake further technical discussions and initiate actions for conducting Joint Industrial Demonstration of the EASyMelt technology developed by SMS group, Tata Steel said in a statement.
"The demonstration will be executed at E Blast Furnace in Tata Steel's Jamshedpur plant with an objective to reduce CO2 emission by more than 50 per cent from blast furnace's baseline operation," it said. The EASyMelt (electric-assisted syngas smelter) technology is an iron-making solution that can be implemented in existing integrated steel plants to accelerate decarbonisation.
"We actively look for solutions to facilitate the transition to green steel production, and thus contribute to a sustainable future," said T V Narendran, CEO & MD, Tata Steel. Large producers like Tata Steel have a major duty to lead the nation's decarbonization effort because India is the second-largest producer of steel in the world.
Tata Steel plans to advance this partnership by working more closely with other parties to acquire improved technology and procedures for consistently and significantly reducing carbon emissions. Decarbonization is a top priority for Tata Steel, which has a target of attaining net zero carbon emissions by 2045.
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