Jindal Steel & Power (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) to invest in green hydrogen production for steelmaking in Angul, Odisha. This partnership is a significant move towards decarbonisation and green energy leadership in India’s steel industry. The agreement includes plans for JSPL to integrate green hydrogen into its direct reduced iron (DRI) units in Angul, with Jindal Renewables developing a green hydrogen generation capacity of up to 4,500 tonnes per annum by December 2025. Additionally, the project will supply 36,000 tonnes of oxygen annually for use in the Angul steelworks. The collaboration also involves JRPL supplying 3 GW of renewable energy to JSPL’s facilities, aiming to reduce the steelmaker's reliance on coal-fired energy by 50% in the next few years. Key figures from both companies emphasized the importance of this MoU in accelerating their transition to lower-emission steel production and achieving sustainable development goals. JSPL will provide infrastructure support, while JRPL will manage the development and operation of the green hydrogen and renewable energy facilities. The companies are focused on not only reducing the production costs of green hydrogen but also ensuring a sustainable business model with long-term off-take agreements. This initiative aligns with the broader industry trend of lowering carbon emissions, with other players like JSW Energy and JSW Steel also making significant commitments to green hydrogen production and supply agreements.