Jindal Stainless (JSL) will not make any more investments to set up thermal plants as the country’s largest steel manufacturer plans to concentrate on renewable energy to power its manufacturing facilities.
“This is in line with our intention to reduce carbon emissions. From now, we will be investing in only renewable energy – wind, solar and hydro – and would be in Rajasthan, Odisha or Haryana,” said Abhyuday Jindal, managing director, JSL, on the sidelines of the Global Stainless Steel Expo (GSSE) 2022.