TATASTEEL

commissions Rs 3,200-crore EAF plant in Punjab, expands green steel production | DETAILS

Mann and Chandrasekaran were present on the occasion, along with T V Narendran, CEO & Managing Director, Tata Steel, and other senior government officials and company representatives. "The Ludhiana EAF marks a defining milestone in Tata Steel's journey towards achieving net zero by 2045. It reflects how Tata Steel is rethinking capital investment for circular economy -- by backing technologies that reduce resource intensity while remaining globally competitive," Narendran said, thanking the Punjab government for its support. Designed to support low-carbon steelmaking, the plant will use nearly 50 percent renewable energy. The state-of-the-art facility will use 100 per cent steel scrap as raw material, sourcing 40 per cent scrap from the company's steel recycling plant in Rohtak, Haryana, PTI report stated.