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ArcelorMittal

ArcelorMittal

Global Steel Manufacturer

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India's industrial giants race to lock in captive clean power

New Capabilities

Leading industrial renewable energy adoption in India

India's largest manufacturers are building their own power plants. ArcelorMittal just committed $900 million to 1 GW of solar and wind. Tata Steel locked in 379 MW through a group captive deal. UltraTech Cement plans to push its green energy mix from 22% to 85% by 2030. Across steel, cement, and aluminum, companies have installed 1.8 GW of renewable capacity since 2023 and announced plans for another 5+ GW.

Updated Dec 25, 2025