Tata Steel has signed a letter of intent and a memorandum of understanding with the Jharkhand government to invest more than ₹11,100 crore in advanced green steel technologies in the state. The agreements were signed at the World Economic Forum in Davos.

The proposed investment will focus on new ironmaking technologies, including HISARNA and EASyMelt, aimed at reducing carbon emissions in steel production. HISARNA technology enables the use of local coal and lower-grade iron ore while cutting emissions, especially when combined with carbon capture systems. Tata Steel plans to set up an industrial-scale facility with an annual capacity of around one million tonnes at its Jamshedpur plant by 2030, following successful pilot trials overseas.

EASyMelt technology is expected to significantly reduce coke usage by replacing it with synthetic gas, potentially lowering emissions by up to 50 percent. The investment plan also includes setting up a modern downstream plant and expanding tinplate capacity, strengthening Jharkhand’s industrial base as the industry moves toward decarbonization.