JSW-POSCO to set up greenfield steel plant in Odisha’s Keonjhar

The JSW Group and South Korea’s POSCO have signed an MoU to develop an integrated steel plant in India, having an initial capacity of 5 million tonnes per annum, along with plans to explore battery materials and renewable energy spaces in India, JSW Energy and JSW Steel informed stock exchanges on October 29. JSW Energy – part of the

Odisha clears JSW proposal to set up EV manufacturing units

The Odisha government on Monday approved 14 proposals including the JSW Group’s plan to set up electric vehicles and component manufacturing units in Cuttack and Jagatsinghpur districts with an investment of Rs 40,000 crore, a senior official said. These projects, with a combined investment of over Rs 40,000 crore and employment potential of over 11,000,

JSW bags award to develop greenfield port in Karnataka

JSW Infrastructure said it has received a letter of award to develop an all-weather, deep-water, greenfield port at Keni Port in Karnataka on a public private partnership basis for Rs 4,119 crore. JSW Infrastructure in a statement said the proposed Keni Port would have modern environment-friendly mechanised facilities for handling cape-size vessels. Keni Port is

Huge incentives planned for green hydrogen industry

The India government is planning a $2 billion incentive programme for the green hydrogen industry, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years. It would do

JSW to foray into green hydrogen production

JSW Energy is soon expected to announce its first green hydrogen project. The company announced that targets to reach 20 Gw of power generation capacity by 2030, with about 85% of this capacity via renewable energy. JSW in July last year announced entering into a framework agreement with Australian Fortescue Future Industries to collaborate on