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First in Ferrochrome Plants in India, Tata Steel Conducts Successful Trial of Biomass Usage

Bhubaneswar, July 20, 2024

Significant step in the company’s sustainability journey

Tata Steel, has successfully conducted the trial of biomass usage in ferrochrome making at its Ferrochrome Plant in Athagarh of Odisha’s Cuttack district on Saturday. The plant, operating under the Ferro Alloys and Minerals Division (FAMD) of the company, becomes first in India to have performed the trial run as part of its sustainable alternative to traditional carbon sources.

Marking a significant step towards sustainable ferrochrome production and reducing the carbon footprint, the trial involved substitution of conventional fossil fuels with biomass, a renewable energy source derived from organic materials. This initiative is expected to lower CO2 emission by 0.08/t of Ferrochrome (@5% use of biomass) which is around 6% of total CO2 emission from Ferrochrome plant.

"This trial is part of our commitments towards sustainability and our relentless pursuit of reducing our carbon emissions. By leveraging biomass, we aim to create a cleaner, more sustainable production process, contributing to a greener future," said Pankaj Satija, Executive-In-charge, FAMD, Tata Steel.

Through the initiative, conventional reductants will be replaced by carbon-neutral biomass which is made by low temperature burning of wood in oxygen starved atmosphere. The carbon released during the burning of charcoal in the Submerged Arc Furnace (SAF) will be balanced by the carbon absorbed by the trees from which it is made.

"The transition to biomass is an important milestone in our sustainability journey," said Satija. "We will continue to explore and implement innovative solutions that drive environmental performance and operational excellence," he added.

FAMD has long been at the forefront of environmental initiatives, continually seeking ways to minimize its environmental impact. Associating with FluxGen Sustainable Technologies, it has implemented digitisation of its water consumption through a digital dashboard at its Ferrochrome units and mines.

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 around US$27.7 billion in the financial year ending March 31, 2024.
  • 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 78,000.
  • Tata Steel has announced its major sustainability objectives including Net Zero by 2045.
  • The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar, and IJmuiden Plants. Tata Steel has also been recognised with the ‘Digital Enterprise of India – Steel’ Award 2024 by Economic Times CIO.
  • Tata Steel aspires to have a 20% 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 among the 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. Subsequently, its Kalinganagar and Meramandali plants have also received the certification. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteelTM certified sites.
  • Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2024 Steel Sustainability Champion recognition from worldsteel for seven years in a row, 2023 Climate Change Leadership Award by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, and ‘Best Corporate for Promotion of Sports’ recognition at the Sportstar Aces Awards 2024.
  • Received the 2023 Global ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk’ - Metals & Mining Sector recognition at The India Risk Management Awards for the eighth consecutive year, and ICSI Business Responsibility and Sustainability Award 2023 for its first Business Responsibility and Sustainability Report (BRSR), 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

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