Contruction begins for $3bn green steel project in Duqm

Contruction begins for $3bn green steel project in Duqm

Duqm – Vulcan Green Steel, a part of Jindal Steel Group, is set to make history in the global steel industry by building the world’s largest green hydrogen ready steel plant in the Special Economic Zone at Duqm (SEZAD) with an investment exceeding $3bn. The groundbreaking ceremony for the project, combined with a symbolic planting […]Duqm – Vulcan Green Steel, a part of Jindal Steel Group, is set to make history in the global steel industry by building the world’s largest green hydrogen ready steel plant in the Special Economic Zone at Duqm (SEZAD) with an investment exceeding $3bn.

The groundbreaking ceremony for the project, combined with a symbolic planting of an ‘Eternal Green Tree’, took place in Duqm on Monday, in the presence of H E Dr Ali bin Masoud al Sunaidy, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), Naveen Jindal, Chairman of Jindal Group and Venkatesh Jindal, Vice Chairman of Vulcan Green Steel. The event was attended by numerous dignitaries representatives from the government institutions, leaders from the private sector, and an executive team from both Vulcan Green Steel and the Jindal Group in Oman.

The green steel project to be carried out by