Jindal Steel & Jindal Renewables Signs India’s Biggest Investment in Green Hydrogen in Odisha
This is the first investment in a hydrogen facility of such size by an Indian steel maker. Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 TPA set to commence by December 2025. Sep 19, 2024 Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a Memorandum of Understanding (MOU) to […]
Hi-Tech Pipes Bags Renewable Energy Orders Worth INR 105 Crore
Hi-Tech will supply ERW steel pipes from its new manufacturing facility located in Sanand, Gujarat over the next three months. The pipes will be used for wind farms, solar installations and other green energy projects. Aug 23, 2024 Hi-Tech Pipes has bagged orders worth INR 105 crore for supply of electric resistance welded (ERW) steel […]
Hi-Tech Pipes to Decarbonize Manufacturing Facilities by 2033
Hi-Tech Pipes will decarbonize 60 percent of its manufacturing capacities by 2030 and all of them by 2033. The development aligns with the Government of India’s push for reducing 30-35 percent carbon emissions by 2030 and achieving zero carbon emissions by 2070. Jul 25, 2024 One of the leading steel tubes and pipes manufacturers of […]
MPL Group: A Tale of Resilience, Innovation & Legacy
MPL Group is looking forward to becoming a preferred green steel pipes manufacturer at the global platform by expanding its product range in renewable energy, completing its 4.5MW solar rooftop orders, and planning to meet its 100 percent energy requirement through renewable sources by 2030. This information was divulged by Mr. Raj Kumar Agarwal, CMO, […]
Krypton Steelworks: Crafting Excellence in Steel with Innovative Solutions
Riding high on robust growth, coupled with a significant surge (58.81 percent in FY22) in revenue, Krypton Steelworks is taking great strides to become a leading provider of high-quality stainless steel solutions in India. This was shared by Mr. Nigamananda Choudhary, Director, Krypton Steelworks Private Limited, during his interaction with Tube & Pipe India. Tube […]
Italy, Germany, Austria to Develop Southern Hydrogen Corridor Pipeline
An agreement was signed by the energy ministries of Germany, Italy and Austria to develop the Southern Hydrogen Corridor Pipeline important for the development of the European market for renewable energy. Jun 4, 2024 Italy, Germany and Austria have signed an agreement to work together for the development of a network to transport hydrogen from […]
JSW Steel USA to Invest USD 110 Million to Upgrade Texas Manufacturing Operation
The investment will be utilized in steel plate mill modernization projects, enabling the production of high-quality monopile steel plates. Jun 28, 2024 JSW Steel USA, Inc. a subsidiary of JSW Steel Ltd. plans to invest USD 110 million in steel plate mill modernization projects with sustainable technology and state-of-the-art equipment within its manufacturing facilities in […]
India Proposes USD 500 Billion Investment Opportunities in Clean Energy by 2030
India offers substantial investment opportunities worth USD 500 billion in the clean energy value chain, including renewables, green hydrogen, and electric vehicles (EVs) by 2030. Jun 7, 2024 As the country moves ahead to achieve its target of fulfilling at least half of its energy requirements via renewable energy by 2030, India offers investment opportunities […]
JERA to Invest USD 32 Billion in Clean Energy Fuels
Japan’s JERA targets over 35 million metric tons LNG transaction volumes, generating 20 GW of renewable energy by 2035. May 20, 2024 In order to achieve energy sustainability, affordability and stability, leading Japanese energy company JERA has come up with a three-pronged growth strategy to invest USD 32 billion in clean energy fuels such as […]
Jindal Stainless Unveils INR 5,400 Crore Capex Plan
The investment plan includes developing and operating a stainless steel melt shop (SMS) with an annual production capacity of 1.2 million tonne per annum in Indonesia, acquiring 54 percent stakes in a Chinese mill in Gujarat, and enhancing its melting and downstream capacities. May 16, 2024 Jindal Stainless (JSL) has come up with an investment […]
