IIT Bombay, Vedanta collaborates to develop green steel technology

This engagement with IIT- B, is a significant step in line with Vedanta's larger vision of achieving carbon neutral operations by 2050 and country's larger vision of producing Green Hydrogen and aims to create benchmark transformation in steel making process.

IIT Bombay, Vedanta collaborates to develop green steel technology

Indian Institute of Technology (IIT) Bombay has partnered with Vedanta-Iron and Steel Business on an R&D project to develop cost-effective technology for producing Green Steel using hydrogen targeting significant carbon footprint reduction in Iron and Steel space.

Further Vedanta-Iron and Steel and IIT B has collaborated to exchange of knowledge and technology for process innovation and excellence. The first project kick-off meeting between Vedanta-Iron and Steel leadership team and IIT-B senior executives was held through virtual platform which was chaired by Sujal Shah, CEO, Sesa Goa Iron Ore Business, Vedanta Limited, and Prof. Arindam Sarkar, IIT-B along with the project team, the press release stated.

This engagement with IIT- B, is a significant step in line with Vedanta's larger vision of achieving carbon neutral operations by 2050 and country's larger vision of producing Green Hydrogen and aims to create benchmark transformation in steel making process.

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 the foundation for yet another landmark transformation for metal & mining industry."

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

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