Posted on 11 Sep 2023
ABB India has signed a memorandum of understanding (MoU) with Tata Steel to create innovative models and technologies to help reduce the carbon footprint of steel production. ABB will bring global experience in automation, electrification, and digitization to the mining and metals industry.
The two companies will focus on systems-level assessments of Tata Steel's manufacturing plants and production facilities, evaluating and jointly developing short- and long-term options for energy efficiency, decarbonization, and recycling.
ABB and Tata Steel will explore energy optimization through hydrogen as an upstream technology and energy-efficient alternative fuel. Tata Steel expects to increase capacity to 40 million tons per year by 2030 and has pledged to be carbon neutral by 2045.
Source:Yieh
