Jindal Steel (JSPL) and Jindal Renewables (JRPL) have signed a landmark Memorandum of Understanding (MOU) to implement India's largest investment in green hydrogen in the steel industry. The collaboration aims to integrate green hydrogen into JSPL's Direct Reduced Iron units in Angul, Odisha, marking a significant step towards low emission steel production. JRPL will develop a green hydrogen generation capacity of 4,500 tons per annum by 2025 and supply oxygen for the steelworks. They will also provide 3GW of renewable energy to reduce JSPL's reliance on coal by 50% in the next 2-3 years, effectively lowering the company's carbon footprint. Sanjay Singh, Director at JSPL, expressed excitement for the collaboration, emphasizing the shift towards decarbonisation and sustainable practices. JSPL will provide infrastructure support, while JRPL will handle green hydrogen and renewable energy facilities. The partnership aims to slash green hydrogen production costs, ensure a sustainable business model, and secure offtake for 25 years. JSPL's $12 billion global investment showcases its commitment to self-reliant India and sustainable growth. JRPL aims to develop 12 GW of renewable assets by 2030, positioning itself as a key player in decarbonisation solutions and green hydrogen production in India.