Tata Steel aims to complete the decarbonisation journey at its plant in the UK in the next three years, the company’s CEO T.V. Narendran said.
As part of its decarbonisation plan, the company will shift to low-emission electric arc furnace (EAF) process from the blast furnace (BF) route which is nearing the end of life in the next couple of months.
India-headquartered Tata Steel owns the UK’s largest steelworks of 3 million tonnes per annum (MTPA) at Port Talbot in South Wales and employs around 8,000 people across all its operations in that country.
“Consultation process with the unions is going. We also need several (other) permissions. Some of the infrastructure needs to be upgraded. There is a lot of work that needs to be done. It has already started. We are hoping that in the next three years, we should complete the entire journey,” Narendran told
He made the remarks in reply to a question about the timeline for the company’s decarbonisation plan, which Narendran had earlier said was not possible without financial support from the UK government.
Replying to another question, Narendran, who is also the company’s MD, said his company is engaged with a few European suppliers to source the new plant machinery.
It will largely be from European suppliers he said.