Jindal Steel & Power Limited (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) for India’s largest green hydrogen investment by a steelmaker. The MoU outlines JSPL’s plan to integrate green hydrogen into its Direct Reduced Iron (DRI) units in Angul, Odisha, marking a major step towards low-emission steel production.
In the first phase, JRPL will establish a green hydrogen production capacity of up to 4,500 tons per year by December 2025. The project will also supply 36,000 tons of oxygen annually for the Angul steelworks and 3GW of renewable energy to reduce JSPL’s reliance on coal by 50pct in the next 2-3 years. This shift is expected to significantly lower JSPL’s carbon footprint.
JSPL will provide infrastructure and support, while JRPL will develop and operate hydrogen and renewable energy facilities. The collaboration aims to reduce green hydrogen production costs and ensure a sustainable business model with a 25-year offtake agreement.
