Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
JSL to reduce conventional energy use by 40% with new sourcing pact.
Move supports India’s clean energy and decarbonization goals.
Strengthens JSL’s ESG leadership and sustainability strategy.
New Delhi, April 11, 2025 — Jindal Stainless Limited (JSL), one of India’s leading stainless steel manufacturers, has entered into a strategic agreement to source clean energy, targeting a 40% reduction in its dependency on conventional power sources.
The pact is a step toward bolstering JSL’s sustainability commitment, aligning with India’s broader green transition goals. The move is also expected to significantly lower the company’s carbon emissions and energy costs over the long term.
JSL has been gradually investing in renewable energy integration, including solar and wind power, across its operations. With this new agreement, the company accelerates its journey toward becoming a low-carbon steel producer, reinforcing its ESG (Environmental, Social, and Governance) vision.
Industry insiders see this as part of a growing trend where steel manufacturers are future-proofing their operations through cleaner energy partnerships amidst global climate obligations.
Also Read : India tightens import regulations to boost domestic steel production. Asia-Pacific's Iron or Steel Cans Market to Hit 117B Units, $33.5B by 2035