New Delhi, (Thestates.news)| The Union Steel Minister Jyotiraditya Scindia virtually inaugurated Jindal Stainless’s first green hydrogen-based steel plant on Monday and said that it is a huge beginning (towards the greening of steel production) not only for the steel company but also for the steel sector. Jindal Stainless announced in August last year a partnership with Hygenco India Private Limited to install a green hydrogen plant.
Located in Hisar, Haryana, the green hydrogen plant is expected to reduce carbon emissions by nearly 2,700 MT per year. Speaking on the occasion, the Union Steel Minister said that Jindal Stainless has always been at the forefront of innovation. “I am glad to see Hygenco and Jindal Stainless coming together to produce the first hydrogen-based steel production facility,” Scindia said.
He said that the steel sector in India has come a long way, from a production capability of 80 million metric tons per annum to over 125 million metric tons per annum and from becoming a net importer to becoming a net exporter. “India is one of the first countries in the world that has put together a Rs 20,000 crore package to spearhead hydrogen production for the world in India,” he said.
He further said that the Prime Minister is very clear that whatever we take up, we must become world leaders.
“Whether it is the area of the national green hydrogen mission, whether it is the area of semiconductors, we just heard about two new plants being set up for wafers in India. Whether it is the area of drones, so we must catch opportunities early as responsible leaders of the world, harvest those opportunities, and become world leaders in those areas,” Scindia stated.
The minister said that almost Rs 500 crore has been carved out to fund projects under the national green hydrogen mission for the steel sector alone over the next couple of years.
“In government, we have looked at many ways of greening the steel sector. The steel sector has a very pivotal and fundamental role to play in India’s emergence as a world power,” he said. (UNI)
Jyotiraditya Scindia inaugurates Jindal Stainless’ green hydrogen plant
