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
Tata Steel to set up a waste heat recovery system at its ferroalloy plant.
Project will produce 4-5 MW clean captive power and reduce emissions.
Part of Tata Steel's net zero and sustainability plan.
Tata Steel has proposed to commission a Waste Heat Recovery (WHR) system at one of its large ferroalloy-producing units in India. The initiative, which will recover the waste gases generated during ferroalloy production, will produce clean, green power for captive utilization and help the plant reduce its carbon footprint.
After commissioning, the WHR system will produce around 4-5 MW of power, making the plant more energy efficient and furthering the overall sustainability vision of Tata Steel. The initiative supports the company's ambition to reach net zero carbon by 2045.
Company executives said this project will not only decrease reliance on grid power but also reduce operating expenses and enhance overall plant efficiency. The waste heat energy, which was lost in the air earlier, will now be utilized to generate steam and then electricity through turbines.
This is a part of Tata Steel's overall strategy of incorporating green technologies and circular economy methods into its production processes. The company has already executed several WHR projects at its steel-making facilities and is now taking this practice to its ferroalloy business as well.
Also Read : Alstom begins production of driverless trainsets for Chennai Metro NMDC Sees 15% YoY Growth in Iron Ore Production in April
Steel Ministry plans Mining Vertical at SAIL. To manage captive mines and raw material. Focus on s...
Announcement 22-May-2025
The European Union authorised Japan's Nippon Steel's $14 billion takeover of major American manufact...
Large Corporate 06-May-2024
Some of the world’s top energy trading companies are returning to metals, years after getting...
Energy 24-Apr-2024
According to a statement released by the German automaker on Friday, Mahindra & Mahindra Ltd. an...
Large Corporate 16-Feb-2024
Global iron ore shipments climbed by 5% to 751 million tonnes (MT) between January and June 2024, co...
Ferrous 05-Jul-2024
Tata Steel India reported a 6% increase in deliveries to 19.90 million tonnes in FY24, driven by inc...
Large Corporate 08-Apr-2024