(HT)
Tata Steel is expecting to start the construction of its low-carbon EAF (electric arc furnace)-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said.
The firm has received necessary approvals for its $1.5 billion project at Port Talbot, Tata Steel chief executive officer and managing director T.V. Narendran, and executive director and chief financial officer Koushik Chatterjee said in the company’s annual report for FY2024-25.
“We are now transitioning to decarbonised and state-of-the-art EAF-based steelmaking by FY2027-28, supported by 500 million pounds in the UK Government funding,” the management said. They said that planning approval has been received for the EAF project at Port Talbot and the construction is expected to commence in July 2025.
