8 months ago
ArcelorMittal Invests $0.9B in 1GW India Clean Energy Projects
ArcelorMittal is investing $0.9 billion to build three new clean energy projects in India.
These projects will create 1GW of solar and wind energy in Maharashtra, Rajasthan, and Gujarat.
Once finished, they will double ArcelorMittal's green energy capacity in India to 2GW and help reduce a lot of carbon emissions.
The power from these projects will supply AMNS India, a joint venture between ArcelorMittal and Nippon Steel.
The projects are expected to be completed between 2027 and 2028 and will provide 35% of the electricity needed for AMNS India's steelmaking operations in Hazira.
ArcelorMittal to invest $0.9 billion in 1GW clean energy projects in India.
Projects located in Maharashtra, Rajasthan, and Gujarat, to be completed by 2028.
Will double ArcelorMittal's renewable energy capacity in India to 2GW.
Expected to reduce up to 4 million tonnes of carbon emissions.
Power generated will supply 35% of AMNS India's Hazira steelmaking operations.
- Who
- ArcelorMittal and AMNS India
- What
- Investment in 1GW clean energy projects in India
- Where
- Maharashtra, Rajasthan, Gujarat, India
- When
- Completion dates between 2027-2028
- Why
- To double renewable energy capacity and reduce carbon emissions
Key facts
- Investment Amount
- $0.9 billion
- Project Capacity
- 1GW (solar and wind)
- Locations
- Maharashtra, Rajasthan, Gujarat
- Completion Dates
- 2027-2028
- CO2 Reduction
- 4 million tonnes (total)
- Electricity Coverage
- 35% of AMNS India's Hazira operations
- Global RE Capacity
- 3.3 GW (after completion)
Timeline
Delhi logs 118 clean air days in July '25.
AM/NS India pledges cleaner air, inspired.
They win air quality recognition, act.
Triples green energy, sets new bar.
ArcelorMittal invests $900M in clean projects.
Quotes
ArcelorMittal
A multinational steel manufacturing corporation.
“Total capital expenditure for the three projects is anticipated to be $0.9 billion and the power generated will be supplied to AMNS India, ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.”
financialexpress.com
Aditya Mittal
CEO of ArcelorMittal.
“With these new projects, we are doubling our renewable energy capacity in India, providing a secure supply of clean energy to our Indian steelmaking operations and strengthening our global footprint in clean power. Our approach is to invest in projects that are sustainable, economically sound, and aligned with our ambition to make a meaningful contribution to the energy transition.”
financialexpress.com
Sources
ArcelorMittal to invest ₹8,100 crore in three green energy projects
ArcelorMittal to Invest $0.9 Billion in 3 New Clean Energy Projects in India
ArcelorMittal plans three renewable energy projects in India at USD 0.9 bn capex
ArcelorMittal to invest $0.9 billion in new clean energy projects, double India renewables to 2 GW
ArcelorMittal To Invest $0.9 Billion In 1GW India Clean Energy Projects, Doubling RE Capacity To 2GW
