JSW Steel, Bharatia and Carbon Iceland International signs strategic MoU
India, May 25 -- JSW Steel, Bharatia and Carbon Iceland International, have signed a strategic Memorandum of Understanding (MoU) to jointly explore the development of a large-scale green methanol (eMethanol) project in India. The signing took place in Oslo, Norway, during the 3rd India-Nordic Summit.The proposed project, of 300 KTPA, is intended to utilise carbon dioxide (CO?) emissions generated from JSW Steel's operations in district Raigad, Maharashtra, and convert them into eMethanol using green hydrogen produced from renewable energy sources.The collaboration seeks to establish a scalable carbon capture and utilisation (CCU) pathway for the steel sector, while also supporting India's broader energy transition and industrial decarbonisa...
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