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Tata Steel inaugurates the state-of-the-art Rain Water Harvesting Project Phase-II at Joda

Joda, December 21, 2018

Tata Steel inaugurated the state-of-the-art Rain Water Harvesting(RWH) Project Phase-II at Joda on December 20, 2018. Mr T V Narendran, CEO & MD, Tata Steel inaugurated the RWH Phase-II in the presence of Mr Arun Misra, Vice President (Raw Materials), Tata Steel, Mr Suresh Dutt Tripathi, Vice President (Human Resources Management), Tata Steel and other senior officials of Tata Steel.

The RWH Project Phase-II spreads across 3.5 acres and encompasses various features like yoga corner, exercise area, children’s play area, gym area, walking track, butterfly park, artificial hill, colourful floating fountains and lush green lawns. The water holding capacity of Storage cum Percolation Pond (SCP) of this RWH is 29,000KL. This project is the extension to the existing RWH Phase-I having SCP of 23000 KL. The RWH is one of the new green initiatives for the people of Joda, in addition to the existing parks like Sir Dorabji Botanical Park, Medicinal Park, Centenary Park and parks for children.

In the recent years, rainwater harvesting has emerged as one of the most sustainable ways to conserve rainwater that otherwise gets wasted by getting drained off. Installation of rainwater harvesting structure helps in channelising precious rainwater to percolate down and replenish underground water table. As part of its commitment to environmental sustainability, Tata Steel has always given special emphasis to create such rain water harvesting structures in all its mining operations.

About Tata Steel                  
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2018. It is one of the world's most geographically-diversified steel producers, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of over 65,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.