Tata Steel to Invest ₹11,000 Crore in Green Steel Projects in Jharkhand | 22 Jan 2026

Why in News? 

Tata Steel has signed a Memorandum of Understanding (MoU) with the Jharkhand government for a ₹11,000 crore investment in green steel projects. 

Key Points 

• Agreement: The investment has been formalised through a Letter of Intent (LoI) and Cooperation Agreement between the Jharkhand government and Tata Steel. 
  • Venue: World Economic Forum (WEF) 2026, Davos, Switzerland. 
  • Global Collaboration: Technical support from the Netherlands and Germany. 
• Focus: Projects will employ low-carbon, environment-friendly steel production methods to support sustainable industrial growth. 
• Technology: The plan includes HISARNA and EASyMelt green steelmaking technologies as part of the investment. 
  • HISARNA: Advanced ironmaking process using indigenous coal and low-grade iron ore, reduces CO₂ emissions up to ~80%. 
  • EASyMelt: Modernises conventional blast furnace steel production, reduces coke usage via syngas, lowers CO₂ emissions ~50%.  
• State Recognition: During WEF, CM Hemant Soren was honoured with a White Badge, recognising Jharkhand’s focus on sustainable development and industrial innovation. 
  • CM emphasised that the investment will generate employment locally, promote skills development, and support inclusive economic growth. 
• Significance: This investment aligns with Jharkhand’s vision for green industrialisation, strengthens the state’s manufacturing base, and supports India’s carbon reduction and sustainable development goals (SDGs).