Tata Steel has signed an MoU with Punjab government for setting up a 0.75 MnTPA long products steel plant with a scrap-based electric arc furnace (EAF). This initiative will help to set up the greenfield facility at Kadiana Khurd, Hitech Valley, Ludhiana in Punjab. This step is aligned to the company’s goal of achieving Net Zero carbon emission by 2045.
This steel plant would produce construction grade steel rebar under the Company’s flagship retail brand ‘Tata Tiscon’.