ArcelorMittal India to receive clean energy supply

The clean electricity produced will be used at one of the steel company’s plants located in Hazira, in the state of Gujarat, and will enable AM/NS India to meet ‘20% of its electricity needs from renewable resources while helping to reduce its carbon emissions by 1.5Mt each year’, according to a company press release.

“This partnership with the world’s second largest steel producer opens up a huge opportunity for the wind industry in India, especially for the power-intensive steel industry which is fast-tracking its efforts to meet carbon emissions goals. We are confident in delivering this landmark project that will help give fresh renewable momentum to the state of Andhra Pradesh,” said Navin Dewaji, CEO of the Asia Pacific region for Siemens Gamesa’s onshore business.

“Large amounts of clean energy are required to accelerate to net zero goals of corporations and countries, and we are happy to have embarked on this journey emphatically in India. Our partnership with Siemens Gamesa for this benchmark model project demonstrates how establishing partnerships and collaborating across the supply chain can help us progress faster toward our decarbonization targets,” said Amit Harlalka, vice president, ArcelorMittal and CFO, AM/NS India.

The wind turbines will be supplied in the second quarter of 2023, with the project supporting the local government’s Renewable Energy Export Policy 2020 for solar, wind and hybrid projects, which aims to promote the export of renewable energy outside the state.