~ First such Electric Bus facility for employees in Tata Steel ~

~ A step towards sustainable and eco-friendly transportation solutions ~

Narendrapur, March 12, 2025: Tata Steel Meramandali (TSM), located in Narendrapur village of Dhenkanal district, launched its fleet of electric buses as a demonstration of the Company’s commitment to sustainable and eco-friendly transportation for its employees.

Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, and Uttam Singh, Vice President – Operations, TSM, inaugurated a bus bay with charging facilities and flagged off the buses in the presence of senior officials. As part of this green initiative, 20 electric buses will ply inside the plant premises to ensure daily intra-plant movement for employees in the first phase. This transition is projected to reduce carbon emissions by 500 tonnes of CO2 annually, aligning with Tata Steel's goal of Net Zero emissions by 2045.

Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, said, “The Electric Buses and Bus Bay are the next step towards Tata Steel’s commitment to sustainability across its value chain. It will not only reduce our carbon footprint but will also enhance employee convenience and efficiency of our intra-plant transport.”

Commenting on the initiative, Uttam Singh, Vice President – Operations, TSM, said, “This launch marks another milestone in embracing sustainability in our day-to-day operations. The Meramandali plant already has 15 EV cars for intra-plant movement of employees, and now these electric buses will further benefit both our workforce and the environment.”

The newly established EV Bus Bay features two charging stations, each equipped with 12 charging units, along with four maintenance pits, storage rooms, and an administrative building that includes multiple offices and washrooms. The electric buses are fitted with advanced battery systems and a range of innovative sustainability features, providing eco-friendly and comfortable transport for users.

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-Certified^TM 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.
• 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 ResponsibleSteel^TM 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 ResponsibleSteel^TM 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 2024 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

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

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