Jindal Steel Duqm to launch Oman-based green steel plant
The plant is being developed in two phases at a total investment of approximately USD 3 billion (around Rs25,000 crore), the official said.
Designed to be one of the world's most advanced hydrogen-ready steel facilities, it will initially run on natural gas but will be capable of switching to green hydrogen once the supply infrastructure matures. The complex will consist of two Direct Reduced Iron (DRI) modules of 2.5 MTPA each. While the first unit will be operationalized by December 2028, the second unit is scheduled for commissioning by 2030.
Both DRI units are engineered to be hydrogen-ready from day one. According to a senior company executive, Jindal Steel Duqm has informed the Government of Oman that hydrogen will be injected into the DRI process as soon as regular supply is ready, and the equivalent amount of natural gas will be phased out. The company expects to start hydrogen injection by 2033, with 10-15 per cent hydrogen usage targeted by 2035.
The green hydrogen required for this transition is expected to come from multiple renewable energy and green hydrogen projects being developed in Duqm by the Government of Oman and private investors. These projects are likely to be operational by 2033, ensuring a domestic and sustainable supply source for the steel plant.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
2 hours ago
- Economic Times
India, Africa must act together to create future defined not by power and dominance, but by partnership and dialogue: PM Modi
Prime Minister Narendra Modi, addressing the Namibian Parliament, emphasized India's commitment to a partnership with Africa based on dialogue and equity, not dominance. He highlighted India's USD 12 billion development partnership focused on skill-building and job creation. Modi also noted the strong historical ties and growing trade between India and Namibia, while praising Namibia's inclusive constitution. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Underlining that India values Africa's role in world affairs, Prime Minister Narendra Modi on Wednesday said the two sides must act together to create a future defined not by power and dominance, but by partnership and a Joint Session of the Parliament of the Republic of Namibia, PM Modi also said that Africa must not be just a source of raw material. "Africa must lead in value creation and sustainable growth," he said."We must act together. Let us create a future defined not by power, but by partnership; not by dominance, but by dialogue; not by exclusion, but by equity," Modi Prime Minister said that India was ready to expand its cooperation with Africa in defence and security."Our development partnership in Africa is worth over USD 12 billion. But its real value is in shared growth and shared purpose. We continue to build local skills, create local jobs and support local innovations," he his address, Modi highlighted the strong historical and cultural ties between India and Namibia. "India attaches great importance to its historic relation with Namibia," he said India and Namibia have a powerful story of cooperation, conservation and compassion, highlighting India's cheetah reintroduction program and its readiness to supply Namibia with a radiotherapy machine."We are excited to support the next generation of Namibian scientists, doctors and leaders," Modi said."Our bilateral trade has crossed $800 million, but like on the cricket field, we are just warming up! We will score faster and score more!" he also congratulated Namibia on its first female president and praised its constitution for empowering diverse citizens."Our Constitution guides us to uphold equality, liberty and justice," Modi said."It's the power of India's Constitution that a daughter from a poor tribal family is today the President of India. It's this very Constitution that gave someone like me the chance to become Prime Minister," he is here at the invitation of President Netumbo Nandi-Ndaitwah.
India Today
2 hours ago
- India Today
Pakistan, Turkiye agree to deepen defence ties, target $5 billion bilateral trade
Pakistan and Turkiye on Wednesday agreed to boost their cooperation in a range of sectors, including defence, trade, energy and infrastructure, aiming to enhance bilateral trade volume to USD 5 billion. This was agreed during talks between Turkiye's Foreign Minister Hakan Fidan and Defence Minister Yasar Guler with Pakistan's Foreign Minister Ishaq Dar here.'Pakistan would like to benefit from Turkiye's expertise and experiences in this (defence) field,' Dar said, adding that both countries will further strengthen their cooperation to promote peace and stability in the entire are actively engaged in different activities, including capacity building and counterterrorism,' Dar said, describing Turkiye as a "trusted friend" and a "reliable brother". The Turkish Foreign Minister called cooperation in the field of defence industry a "strategic step" and said it will be further strengthened in the coming said that both countries will continue to support each other in countering terrorism."We are pursuing the establishment of a Special Economic Zone dedicated to Turkish entrepreneurs at Karachi,' Dar said while addressing a joint press conference alongside also mentioned other engagements, including the revival of the Istanbul-Tehran-Islamabad train, saying, 'Our delegations are meeting in the coming weeks to finalise the roadmap for revival.'Dar said Pakistan has already allocated land for the construction of Turkiye's Maarif School in Muzaffarabad. 'A Maarif Foundation delegation is visiting Muzaffarabad today and visiting the site for evaluation,' he noted that both countries have expanded their relations in the fields of economy, energy, defence, industry, education and culture, adding that they are aiming to increase their commercial relations to USD 5 to the recent Pakistan-India conflict, Fidan was 'appreciative of Pakistan's wisdom-oriented attitude', state-run Radio Pakistan Turkish delegation also called on Chief of the Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu at the Air Headquarters to a statement by the army, the meeting encompassed discussions on evolving regional security dynamics, progress of ongoing defence cooperation and prospects for future collaboration in emerging domains of warfare.'Highlighting the long-standing fraternal ties between Turkiye and Pakistan, Guler conveyed Turkiye's earnest desire to bolster bilateral defence relations through deeper industry-to-industry collaboration,' the army said. He lauded the air force's "exceptional performance" under the "insightful leadership" of the Air Chief in the recent conflict with India, it added. Last week, Turkish President Recep Tayyip Erdogan and Prime Minister Shehbaz Sharif met on the sidelines of the Economic Cooperation Organisation (ECO) summit in Khankendi, Azerbaijan.- EndsTune InTrending Reel
Time of India
2 hours ago
- Time of India
UP excise summit brings in Rs 4,320cr investments
Lucknow: The state will get investments worth Rs 4,320 crore through new alcoholic beverages players in UP, announced senior officials on Wednesday after the conclusion of a day-long excise investors summit in the city. Tired of too many ads? go ad free now Organised for the first time, the sector-oriented investors summit witnessed participation from investors, industrial groups and startups. For the first time, a Maharashtra-based company will open a winery in Uttar Pradesh to avail the benefits of the UP wine policy. Officials said the policy framework will be revisited to promote the export of alcohol from UP to other states and countries. Excise minister Nitin Agarwal informed the gathering about the key achievements of the department and the Yogi govt over the past eight years. Securing proposals from both new entrants and existing players interested in expanding their operations, Agarwal urged them to help the state achieve the USD 1 trillion goal. According to a report compiled by the International Spirits and Wines Association of India (ISWAI), the alcoholic beverages industry in Uttar Pradesh, which apart from liquor production and manufacturing also includes agriculture, packaging, hospitality, logistics, and retail segments, is providing livelihood to 5.30 lakh individuals in the state. While noting down the feedback of the stakeholders, excise commissioner Adarsh Singh said: "We will try to include some of the key points and ideas mentioned by the industry players in next year's policy." Managing director of Superior Industries Limited Manish Agarwal said: "We committed to investing Rs 74 crore in the state and signed an agreement with the govt. We will expand our existing unit further to increase production. The single-window system created by the state govt to provide clearances is extremely effective, and we submitted all the documents over the portal without visiting any govt officer."
