Jindal Stainless Limited — Updates, 10-04-2025: Press Release

JSL Super Steel has signed an 11 MWp Power Purchase Agreement (PPA) with Sunsure Energy, aimed at sourcing clean solar power for its Ghaziabad facility. This collaboration is expected to displace 40% of the facility's conventional energy consumption, enabling JSL Super Steel to receive approximately 16.5 million units of renewable energy annually. The initiative will help offset 12 million kilograms of carbon emissions each year, which is equivalent to planting over 545,000 trees. This move aligns with Jindal Stainless' commitment to achieving Net Zero emissions by 2050 and reflects its broader sustainability strategy, which includes reducing carbon emissions by 50% by 2035. The partnership with Sunsure Energy highlights Jindal Stainless' role in promoting green steel production and positions the company as a leader in sustainable practices within the metal industry. As the company continues to invest in decarbonization, it aims to strengthen its operational efficiency and competitive advantage in the market. Investors should monitor this move as it bodes a positive outlook on the company's commitment to sustainability and innovation.