December 22, 2025, 08:30 CET
ArcelorMittal (‘the Company’) today announced three new renewable energy projects in India, totaling 1 GW of nominal solar and wind capacity. Once completed, the projects will double ArcelorMittal’s renewable energy capacity in India to 2 GW and increase the company’s total global renewable energy capacity to 3.3 GW.
The projects are:
| Project location | Capacity | Annual CO2 savings (million tons) | Forecast completion |
| Amaravati, Maharashtra | 36MW solar energy | 0.04 | H1 2027 |
| Bikaner, Rajasthan | 400MW solar energy + 500MWh battery energy storage | 0.65 | H1 2028 |
| Bachau, Gujarat | 250MW wind + 300MW solar + 300MWh integrated battery storage | 0.9 | H1 2028 |
Total capital expenditure for the three projects is expected to be $0.9 billion and the energy generated will be supplied to AMNS India, ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.
Commenting, Aditya Mittal, CEO of ArcelorMittal, said:
“With these new projects, we are doubling our renewable energy capacity in India, ensuring a secure supply of clean energy for our Indian steelmaking operations and strengthening our global clean energy footprint. Our approach is to invest in projects that are sustainable, economically sound and aligned with our ambition to make a meaningful contribution to the energy transition. These investments demonstrate how climate responsibility and business performance can go hand in hand.”
In addition to ArcelorMittal’s three new projects, AMNS India is also developing its own renewable energy project, which will mirror ArcelorMittal’s Bachau project in terms of location (Bachau, Gujarat), size (550 MW project, consisting of 300 MW solar and 250 MW wind) and annual CO2 emissions.2 savings (0.9 million tons).
In addition to the initial 1GW renewable energy project in India, which started supplying clean energy to AMNS India earlier this yearWhen all projects are completed, they will produce total annual CO2 emissions2 savings of 4 million tons, and meeting 35% of the electricity needs for AMNS India’s Hazira steelmaking operations (based on projected energy consumption in 2028, following AMNS India’s continued expansion to 15 million tons of annual steelmaking capacity).
The company also develops sustainable energy projects Brazil and Argentina in joint venture partnerships. Combined, the Indian, Brazilian and Argentinian projects will generate a total of 3.3 GW of electric power generation when all projects are operational.
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About ArcelorMittal
ArcelorMittal is one of the leading integrated steel and mining companies in the world, with a presence in 60 countries and primary steel production operations in 14 countries. It is the largest steel producer in Europe, one of the largest in the Americas, and has a growing presence in Asia through its AM/NS India joint venture. ArcelorMittal sells its products to a wide range of customers, including the automotive, engineering, construction and machinery industries, and generated sales of $62.4 billion in 2024, producing 57.9 million tons of crude steel and 42.4 million tons of iron ore. Our goal is to produce smarter steels for people and planet. Steel made using innovative processes that use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steel for the sustainable energy infrastructure that will support societies as they transform throughout this century. With steel at our core, our resourceful people and an entrepreneurial culture at our core, we will support the world in making that change.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
http://company.ArcelorMittal.com/
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