Steel powerhouse ArcelorMittal has announced a massive ₹8,100 crore ($900 million) investment into India’s renewable energy sector, signaling a major shift toward sustainable manufacturing and decarbonization.
The investment will fund three large-scale projects totaling 1 GW of nominal solar and wind capacity. This move is set to reshape the company’s energy profile both locally and globally.
Doubling Down on Clean Energy
Once operational, these projects will have a transformative impact on ArcelorMittal’s energy portfolio:
India Capacity: The company's domestic renewable capacity will double to 2 GW.
Global Reach: Its total international renewable footprint will climb to 3.3 GW.
Strategic Locations and Storage
The expansion focuses on key hubs in Western and Northern India, incorporating advanced storage solutions to ensure a steady power supply:
| Project Location | Capacity | Type |
| Bikaner, Rajasthan | 400 MW Solar + 500 MWh Storage | Solar & Battery Energy Storage |
| Amaravati, Maharashtra | 36 MW | Solar Production |
| Third Site | (Pending specific details) | Wind/Solar Mix |
The inclusion of a 500 MWh battery energy storage system in Rajasthan highlights ArcelorMittal’s focus on overcoming the intermittent nature of solar power, providing a more reliable energy stream for its industrial operations.
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