ArcelorMittal has announced the launch of three new renewable energy projects in India with a combined nominal solar and wind power capacity of 1 GW.
Upon completion, these projects will double ArcelorMittal's renewable energy capacity in India to 2 GW and increase its global renewable energy capacity to 3.3GW, strengthening the company's long-term decarbonization strategy.
Detailed information about three renewable energy projects
The newly announced developments span three Indian states and combine solar, wind, and battery energy storage technologies.
The first project is a 36 MW solar power plant in Amaravati, Maharashtra, which is expected to be completed in the first half of 2027. It is projected to provide 0.04 million tons of annual carbon savings.
The second project, located in Bikaner, Rajasthan, combines 400 MW of solar capacity with 500 MW of battery power. Completion is scheduled for the first half of 2028, with estimated annual carbon savings of 0.65 million tons.
The third and largest project is located in Bahau, Gujarat, and combines 250 MW of wind energy, 300 MW of solar energy and 300 MWh of rechargeable batteries. This project, also scheduled for completion in the first half of 2028, is expected to generate annual carbon savings of 0.9 million tons.
Supplies to AMNS India
The total capital expenditures for the three projects are estimated at $0.9 billion. Renewable electricity will be supplied to AMNS India, ArcelorMittal and
