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Tata Steel pioneers the deployment of Electric Vehicles for transportation of finished steel in the country

Jamshedpur, July 30, 2021

~ Endeavour to create a responsible supply chain ~

~ First batch of Electric Vehicles (EVs) flagged off at the Company’s Pilkhuwa Stockyard in Uttar Pradesh ~

~ Plan to deploy 27 EVs, resulting in GHG footprint reduction by ~3500 tCO2e every year ~

As part of its sustainability initiative, Tata Steel has tied up with an Indian start-up to pursue its aspiration of deploying Electric Vehicles for its steel transport. This endeavour marks the first-ever deployment of Electric Vehicles by any steel producer in the country for transportation of finished steel.

Tata Steel has contracted for 27 EVs, each with a carrying capacity 35 tonnes of steel (minimum capacity). The Company plans to deploy 15 EVs at its Jamshedpur plant and 12 EVs at its Sahibabad plant. The first set of EVs for Tata Steel are being put in operation between Tata Steel BSL’s Sahibabad Plant and Pilkhuwa Stockyard in Uttar Pradesh.

At a virtual ceremony organised on July 29, Tata Steel formally flagged-off the loaded vehicle at the Pilkhuwa Stockyard to move to the Sahibabad plant, 38 kms away.

 Dibyendu Bose, Vice President, Supply Chain, Tata Steel, said: “It is a great occasion for us today as we are launching Electric Vehicles to move steel on the JRD Tata’s 117th birth anniversary. This initiative is aimed at reduction of GHG emissions and will help protect the environment in the long run. It was our CEO & MD who gave us the inspiration to go for electric vehicles and contribute towards achieving our sustainability goals. I am glad to see our team’s commitment to have made this possible and to find the right partner that has enabled us to deploy EVs in our supply chain. It is the beginning of a new era for Tata Steel and the supply chain division and I wish them all success.”                                                                                                   

Peeyush Gupta, Vice President Supply Chain (Designate), said: Tata steel has been a pioneer in introducing path-breaking initiatives in the past as well. While we have multiple initiatives focussed on customer service, this is a definitive step towards our commitment to environment. This initiative is also aligned to the Government’s larger climate agenda and will surely serve as a cornerstone and a way forward for the industry to follow.”

Sanjiv Paul congratulated the supply chain division for this momentous achievement and expressed his desire to see in future, an ecosystem which is developed to support the long-distance movement as well.

Subodh Pandey shared his thoughts on this new initiative and remarked that there are many more opportunities and we will all have to work together to make the dream of going green a reality.

The EVs being deployed comprise a 2.2 Ton 230.4 kWh Lithium ion battery pack with a sophisticated cooling system and a battery management system giving it capability to operate at ambient temperatures upto 60 degrees Celsius. The battery pack would be powered by a 160-kWh charger setup which would be able to charge the battery from 0 to 100% in 90 min. With zero tail-pipe emission, each electric vehicle would reduce the GHG footprint by more than 125 tCO2e every year.

Tata Steel’s vision is to be the global steel industry benchmark in Value Creation and Corporate Citizenship. Sustainable business practices are key enablers to achieving this vision. The “Responsible Supply Chain Policy” of Tata Steel lays down “Environmental Protection” as an integral sustainability principle for all its Supply Chain decisions and processes.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $21.1 billion in the financial year ending March 31, 2021.

A Great Place to Work-Certified organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 5 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteelTM and worldsteel’s Climate Action Programme, Tata Steel has won several awards and recognitions including the World Economic Forum’s Global Lighthouse recognition for its Kalinganagar Plant - a first in India, and Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India’s most valuable Metals & Mining brand by Brand Finance, received the ‘Honourable Mention’ at the National CSR Awards 2019, Steel Sustainability Champion 2019 by worldsteel, CII Greenco Star Performer Award 2019, ‘Most Ethical Company’ award 2020 from Ethisphere Institute, Best Risk Management Framework & Systems Award (2020) by CNBC TV-18, and Award for Excellence in Financial Reporting FY20 by ICAI, among several others.

To know more, visit www.tatasteel.com and WeAlsoMakeTomorrow

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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.

For media enquiries contact:

Sarvesh Kumar

Tel: +91 22 6665 0581/ +91 98301 71705

E-mail: sarvesh.kumar@tatasteel.com


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