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ArcelorMittal has started supplying renewable power from its 1-gigawatt solar and wind project in Andhra Pradesh to AMNS India. Developed at a cost of $0.7 billion, the initiative will reduce carbon emissions by 1.5 million tonnes annually, strengthening AMNS India's green steel production and advancing India's decarbonization goals.
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Clean Energy Milestone for ArcelorMittal and AMNS India
ArcelorMittal S.A. has officially commenced renewable energy supply to AMNS India from its newly commissioned 1-GW solar and wind project in Andhra Pradesh. This development marks a significant step in the company’s sustainability strategy and supports India’s broader push toward industrial decarbonization.
Key Highlights / Notable Updates
• Project Scale: The Andhra Pradesh facility delivers 1 gigawatt of renewable energy, combining solar and wind capacity.
• Investment Value: Built at a cost of $0.7 billion, the project reflects ArcelorMittal’s commitment to sustainable infrastructure.
• Carbon Reduction: Expected to cut 1.5 million tonnes of CO₂ emissions annually, aiding AMNS India’s transition to green steel.
• Strategic Supply: Power generated will directly support AMNS India’s operations in Gujarat, enhancing energy security and sustainability.
• Global Expansion: With this project, ArcelorMittal’s renewable portfolio in India doubles, contributing to its global renewable energy capacity of 3.3 GW.
Major Takeaways
• ArcelorMittal is positioning itself as a leader in industrial decarbonization.
• AMNS India gains cleaner energy integration and reduced emissions.
• The project highlights strategic synergy between steelmaking and renewable energy investments.
Sources: The Economic Times, The Manila Times, FinanzNachrichten.
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