The record
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- Tata Steel is engaging with the UK government to address challenges regarding power supply for its new electric arc furnace in Port Talbot.
- The company asserts that the construction of the facility is proceeding as planned.
- The project is designed to cut CO2 emissions at the site by 90 per cent.
- Securing reliable power remains a critical factor for the timely completion of the 1.25 billion pound investment.
Who said what2
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T V Narendran
CEO of Tata Steel
2 quotes · 1 outlet
“We are in conversation with the UK government to say let’s have a discussion on what can be done”
In the article
…CEO T V Narendran said. The company official noted that there was no delay on Tata Steel’s part in the construction of the 3.2-million-tonne project, which is being set up at an investment of 1.25 billion pounds. “ We are in conversation with the UK government to say let’s have a discussion on what can be done ,” Narendran told PTI on the sidelines of the 53rd National Management Convention organised by the All India Management Association (AIMA). He made the remarks while replying to a question on the future course of action…
“It is too early to say where we are, but there is a conversation to share with them regarding concerns.”
In the article
…support, aims to reduce site-level CO2 emissions by 90 per cent, equivalent to 5 million tonnes annually. On whether Tata Steel had sought fresh funds from the UK government, Narendran, without denying it, said, “ It is too early to say where we are, but there is a conversation to share with them regarding concerns. ” On the outlook for the sector, he said that while international markets were still struggling, India was witnessing rising demand. “Demand is strong and steel prices have started moving up over the last 6-8 weeks,…
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Named United Kingdom · India · UK government · All India Management Association · Electricity System Operator · National Grid · Tata Steel · T.V. Narendran
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