Tata Steel, ABB reach a deal to reduce carbon footprint

As per the MoU, the two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities to evaluate and co-develop short and long-term options for energy efficiency, decarbonisation, and circularity.

The global steel industry contributes between 7 to 9 percent of global fossil fuel CO₂ emissions, according to various sources, including the International Energy Agency.

Tata Steel and ABB India have entered into an agreement to explore technology that could help reduce carbon footprint in steel production, according to a BSE filing.

The two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities to evaluate and co-develop short-term and long-term options for energy efficiency, decarbonisation, and circularity, the filing said.

Tata Steel and ABB will explore energy optimisation through hydrogen as an alternative fuel for upstream processes and energy reduction as well as substitution through fully integrated electrification and digital systems such as ABB Ability eMine and e-Mobility solutions and energy-efficient motors.