Tata Steel to fund Rs 83 lakh for R&D projects in low carbon hydrogen segment

14 Jul 2023 , 02:28 PM

Under a collaboration with the British High Commission in India, Tata Steel said that it will fund research and development (R&D) projects in the low-carbon hydrogen segment.

Tata Steel announced funding of 80,000 Pounds (approx. Rs 83 lakhs) for two innovative projects in the low carbon hydrogen segment as part of the ‘UK-India Hydrogen Partnership Sprint Series’.

Tata Steel further added that this initiative is open to participants from India and the UK.

The company expects the grant proposals to address two challenges: first, the development and deployment of hydrogen technologies for greening the industrial sector, and second, solutions for hydrogen storage/purification.

The steel sector’s priority today is to decarbonize in a technologically and economically sustainable manner, stated Debashish Bhattacharjee, Vice President of Technology and R&D at Tata Steel.

He added that the steel industry’s present carbon footprint is not sustainable, and although clean hydrogen is an option, it encounters various obstacles like expensive operations and energy wastage.

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