Recently, Vedanta-Iron and Steel Business teamed up with IIT Bombay (IIT-B) on a research and development effort to create an affordable method for creating green steel using hydrogen with the goal of significantly reducing carbon footprint in the iron and steel industry.
The exchange of knowledge and technology for process innovation and excellence will continue to be a focus of the partnership between Vedanta-Iron and Steel and IITB.
Sujal Shah, CEO of Sesa Goa Iron Ore Business, Vedanta Limited, and Prof. Arindam Sarkar, IIT-B, together with the project team, presided over the first project kick-off meeting between the leadership team of Vedanta-Iron and Steel and senior executives.
The goal of this engagement with IIT-B is to produce a benchmark transformation in the steel making process. This is in keeping with Vedanta’s wider objective of attaining carbon neutral operations by 2050 and the country’s larger vision of creating Green Hydrogen.
Sauvick Mazumdar, CEO, Iron and Steel Sector, Vedanta Limited, said: “At Vedanta, we are fully committed towards our ESG goal of achieving ‘Carbon Neutrality’ by 2050 or before, and this engagement with IIT-B is a massive step forward in our endeavour to adopt ‘Green Technologies’ to significantly reduce the carbon footprints. I congratulate my Iron and Steel Business team and IIT-B for this fruitful association which will surely lay foundation for yet another landmark transformation for metal & mining industry.”
Dean of Research and Development at IIT-B, Milind D. Atrey, expressed his excitement for this strategic partnership with Vedanta – Iron & Steel Business.
He said: “I really commend Vedanta- Iron & steel Business for this proactive step towards R&D for Green Steel making which will prove to be a key landmark in creating greener future. We at IIT-B are extremely happy to be associated with this unique endeavour.”
Over the years, Vedanta’s Iron and Steel Business has carried out a number of high-impact initiatives to adopt the most sustainable business practises. These initiatives include the systematic reclamation of one of the largest open cast iron ore mines in Goa, the generation of 60 MW of clean energy through waste heat recovery power plants, cutting-edge environmental management techniques, and much more.
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