Zero Carbon Emission: This steel manufacturer announces decarbonisation of manufacturing facilities
The company said that it will decarbonise 60 per cent of its manufacturing facilities by 2030 and all of them by 2033.
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Steel tubes and pipes manufacturer Hi-Tech Pipes has announced the decarbonisation of its manufacturing facilities. According to the company, this development is aligned with the government's push for zero carbon emissions by 2070 (30% to 35% by 2030).
The company said that it will decarbonise 60 per cent of its manufacturing facilities by 2030 and all of them by 2033. The steel pipe manufacturer also said its green power sourcing will be around 13.50 MW, which will contribute around 30 per cent of the total power requirement of the company.
In order to achieve this mission, the Government is promoting the generation of green power through solar and wind energy along with other environment-friendly measures.
The Government of India has also approved National Green Hydrogen Mission on 4th January, 2023. This Mission aims to make India a Global Hub for the production, utilization and export of Green Hydrogen and its derivatives. The mission will help India becoming energy-independent
and Decarbonisation of major sectors of the economy.
Recently the company has executed an MoU with a leading renewable energy supplier for the generation & captive use of Green Hydrogen projects in a time-bound manner. The supplier will bring its strong EPC credentials to the table with deep R&D capabilities in many aspects of green hydrogen.
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