| The plant, built with an investment of around Rs 3,200 crore, has a capacity of 0.75 million tonnes per annum and is designed to achieve carbon emissions of less than 0.3 tonne per tonne of steel. The facility will use 100% steel scrap as raw material and is expected to operate with nearly 50% renewable energy. The new unit will produce construction-grade steel rebar under the Tata Tiscon brand, strengthening the company's presence in the construction segment. The development aligns with Tata Steel's long-term goal of achieving net-zero emissions by 2045, while also supporting its broader strategy of adopting low-carbon and circular economy-driven technologies. Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. The company reported a sharp 723.14% jump in consolidated net profit to Rs 2688.70 crore on 6.4% increase in revenue from operations to Rs 56,646.05 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live News |