Realtime Web StatisticsRealtime blog statistics
Menu
Explore more EXPLORE
MORE

Tata Steel and UK to jointly support innovative projects on Green Hydrogen and Decarbonisation

Bengaluru, July 13, 2023

~ Launch of ‘Tata Steel – Sprint to Zero’ 2023 challenge for greening of industrial sector with focus on steel through cost effective hydrogen ~

~ Initiative in line with India-UK agreement to work on climate change ~

~ Two winning projects to be funded up to £80,000 by Tata Steel ~

~ The steel giant will offer experiential engagement to winners including a priority access to its integrated steel plant ~

As part of its ongoing efforts to decarbonise the steel sector, Tata Steel announces ‘Tata Steel - Sprint to Zero’ 2023 Challenge, an initiative to fund innovative research and development projects in low carbon hydrogen that offers tech-led or tech-enabled solutions to address green hydrogen technologies for the industrial sector’s sustainable future. The announcement, part of the UK-India Hydrogen Partnerships, was jointly made by George Freeman, Science Minister of UK, and Dr. Debashish Bhattacharjee, Vice President (Technology and R&D), Tata Steel, at IISc Bangalore on July 7, 2023.

The UK-India Hydrogen Partnerships builds on the UK-India Hydrogen Hub announced by the UK and Indian Prime Ministers in 2022. It will feature a range of private industry sponsored pilots to tackle 5 Grand Challenges – storage, transport, safety, production, and cost – faced by both countries.

Tata Steel is the first sponsor of the UK-India Hydrogen Partnerships sprint series, awarding £80,000 (~Rs 83 lakh) funding to two innovative projects in low carbon hydrogen. As part of the Challenge, the Company will also offer experiential engagement to selected entities including a priority access to its integrated steel plants. The proposals bidding for the grant are expected to address two challenges: a) development and deployment of hydrogen technologies for greening the industrial sector and b) solutions for hydrogen storage/purification.

Minister of State at the UK Department for Science, Innovation and Technology, George Freeman, said: “Across the world, steel is the construction backbone of so much of the global economy. Steelmaking is highly energy and carbon intensive, and cleaning up the steel industry is a key pillar of reducing global warming. Pairing up the UK’s expertise in low carbon manufacturing technology with the Indian steel industry, by working with progressive manufacturers like Tata Steel, we can unlock the innovations that will deliver the steel sector an environmentally sustainable future. For us all.”

Dr. Debashish Bhattacharjee, Vice President, Technology and R&D, Tata Steel, said: “The priority of the steel sector today is to decarbonise and do it in a way that are both technologically and economically sustainable. While the current levels of carbon footprint from the steel sector is unsustainable, the available version of clean hydrogen faces numerous challenges like high operational cost and energy loss. We are committed to finding a solution to these challenges and have created a platform like ‘Tata Steel – Sprint to Zero 2023’ to ensure the best minds from academia and industry join hands in this effort. We are delighted to launch the Sprint initiative in partnership with the UK Government and look forward to a unique collation of UK and Indian innovation policymakers, R&D companies, start-ups, hubs and places, investors, research groups and Catapults.

The funding call is open for solutions from academia, start-ups and industries across India and the UK. The projects must be co-led by an Indian or a UK organisation with a maximum of three partners per project, where at least one organisation must be either from the UK or India, with a strong academic, research and development background. The last date for submission of proposals is August 31, 2023, and winners will be announced by October 2023. The projects will commence from November 2023 and will last for 9-12 months.

‘Tata Steel - Sprint to Zero’ 2023 Challenge – Website: www.b2match.com/e/tata-steel-sprint-to-zero

Earlier this year, Tata Steel had executed the trial injection of hydrogen gas using 40% of the injection systems in ‘E’ Blast Furnace at its Jamshedpur Works. This was the first time in the world that such a large quantity of hydrogen gas was continuously injected in a blast furnace.

 

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 queries and information

Sarvesh Kumar,

Chief Corporate Communications - Tata Steel,

E-mail : sarvesh.kumar@tatasteel.com

About Tata Steel

  • Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 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 recorded a consolidated turnover of ~US$30.3 billion in the financial year ending March 31, 2023.
  • A Great Place to Work-CertifiedTM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
  • Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045, Net Zero Water consumption by 2030, improving Ambient Air Quality and No Net loss in Biodiversity by 2030.
  • The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants.
  • Tata Steel aspires to have 25% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
  • The Company has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
  • Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteelTM Certification.
  • Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2023 Steel Sustainability Champion recognition from worldsteel for six years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, No. 1 brand in India in the Mining and Metals industry in Top 100 brand rankings for 2023 by Brand Finance, and ‘Most Ethical Company’ award 2021 from Ethisphere Institute.
  • Received 2022 ERM Global Award of Distinction, ‘Masters of Risk’ - Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

Photographs: Management and Plant facilities

Logos: Files and usage guidelines 

Website: www.tatasteel.com and www.wealsomaketomorrow.com

Follow us on Facebook Twitter LinkedIn YouTube Instagram   

Cancel
Audio