ArcelorMittal, the world’s largest steelmaker, has announced a bold $900 million investment in India’s renewable energy landscape to significantly expand its clean power capacity and support decarbonisation of its steel operations. The investment, revealed in a corporate statement, marks a major step in ArcelorMittal’s commitment to clean energy transition and sustainability in one of its key global markets.
Under the announced plan, ArcelorMittal will develop three major renewable energy projects across India with a combined capacity of approximately 1 GW of nominal solar and wind power. These projects are strategically located in Amravati (Maharashtra), Bikaner (Rajasthan) and Bachau (Gujarat), tapping into abundant solar and wind resources while incorporating advanced battery energy storage systems to enhance reliability.
The projects include a 36 MW solar plant in Amravati, a 400 MW solar facility paired with a 500 MWh battery storage system in Bikaner, and a hybrid renewable installation in Bachau comprising 250 MW of wind, 300 MW of solar and a 300 MWh battery unit. All three are expected to be commissioned in phases through the first half of 2027–2028, expanding India’s renewable footprint.
Once operational, these new green energy assets will double ArcelorMittal’s renewable energy capacity in India to 2 GW and raise its global clean energy portfolio to approximately 3.3 GW. The electricity generated will be supplied to AMNS India, the company’s 60:40 steelmaking joint venture with Japan’s Nippon Steel, helping to power steel production with cleaner energy.
Industry experts say the investment will not only help ArcelorMittal reduce the carbon footprint of its Indian operations but also strengthen energy security amid rising electricity demand. According to company executives, the combined set of renewable projects — including earlier initiatives is expected to cut millions of tonnes of CO₂ emissions annually and meet a significant share of AMNS India’s electricity needs by 2028.
The move aligns with global trends in sustainable manufacturing and reflects growing interest from multinational corporations in India’s renewable energy sector, driven by the country’s ambitious targets for clean power capacity and supportive policy environment. ArcelorMittal’s investment is seen as a key example of how industrial players can pair economic growth with climate responsibility.
