Vedanta partners with IIT-B to develop green steel technology

Vedanta-Iron and Steel Business recently partnered with IIT Bombay (IIT-B) on an R&D project to develop a cost-effective technology to produce green steel using hydrogen aimed at a significant carbon footprint reduction in the steelmaking space.

In addition, Vedanta-Iron and Steel and IIT�B will collaborate in the exchange of knowledge and technologies for innovation and process excellence.

The first project kick-off meeting between the Vedanta-Iron and Steel management team and IIT-B senior executives was held via a virtual platform chaired by Sujal Shah, CEO, Sesa Goa Iron Ore Business, Vedanta Limited, and Prof. Arindam Sarkar, IIT-B with the project team.

This engagement with IIT-B is a significant step in line with Vedanta’s broader vision of achieving carbon neutral operations by 2050 and the country’s broader vision of producing green hydrogen and aims to create a reference transformation in the steelmaking process.

Sauvick Mazumdar, CEO, Iron & Steel Sector, Vedanta Limited, said: “At Vedanta, we are fully committed to our ESG objective of achieving ‘Carbon neutrality‘ by 2050 or earlier, and this engagement with IIT-B is a big step forward in our efforts to adopt ‘green technologies’ to significantly reduce the carbon footprint. I congratulate my Iron and Steel Business team and IIT-B on this fruitful partnership which will surely lay the foundation for another historic transformation for the metals and mining industry.”

Milind D. Atrey, R&D Dean, IIT-B expressed his enthusiasm for this strategic alliance with Vedanta-Iron & Steel Business.

He said: “I really commend Vedanta-Iron & Steel Business for this proactive step towards R&D for green steel manufacturing which will prove to be a key milestone in creating a greener future. At IIT-B , we are extremely pleased to be associated with this unique effort.”

Vedanta’s steel business has implemented several high-impact initiatives to adopt the most sustainable business practices, such as the systematic reclamation of one of the world’s largest open-pit iron ore mines of Goa, clean energy generation of 60MW through waste heat recovery power plants, state-of-the-art environmental management practices and much more over the years. decades.

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