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ArcelorMittal Adds 1 GW of Renewables in India, Global RE Capacity Rises to 3.3 GW

AMNS India is also developing its own renewable energy project, which mirrors ArcelorMittal’s Bachau project in terms of location (Bachau, Gujarat), scope (550MW project, consisting of 300MW of solar power and 250MW of wind power)

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Chitrika Grover
renewable energy

ArcelorMittal, an integrated steel and mining company, has recently expanded its portfolio with the addition of three new renewable energy projects in India totaling 1 GW of nominal solar and wind capacity. Upon completion, ArcelorMittal said that the projects will double its renewable energy capacity in India to 2 GW and increase the company’s total global renewable energy capacity to 3.3GW.

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The three projects comprise a total capital expenditure anticipated to be $0.9 billion, and the power generated will be supplied to AMNS India, ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.

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Project Details

The company explained in its release that these three projects comprise a 36 MW solar project in Amaravati, Maharashtra, with estimated to be completed by H1 2027. A 400MW solar plus 500MWh battery energy storage (BESS) project in Bikaner, Rajasthan, which is estimated to be completed by H1 2028, and a 250MW wind + 300MW solar + 300MWh integrated battery storage (BESS) by H1 2028. 

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In addition to ArcelorMittal’s three new projects, AMNS India is also developing its own renewable energy project, which mirrors ArcelorMittal’s Bachau project in terms of location (Bachau, Gujarat), scope (550MW project, consisting of 300MW of solar power and 250MW of wind power), and annual CO2 savings (0.9 million tonnes).

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ArcelorMittal renewable energy projects
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