Green Financing

Vanya Steels to Invest ₹100 Cr in 10 MW Green Power Plant in Karnataka

The project supports the ‘Make in India’ initiative and is expected to create 60 jobs at the Koppal site.

the 10 MW facility will rank among Karnataka’s leading industrial-scale
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Vanya Steels Pvt Ltd, a subsidiary of A-One Steel Group, on Tuesday announced that it is investing approximately Rs 100 crore to set up a cutting-edge 10 MW captive power plant at its Koppal facility in Karnataka.

Using advanced Waste Heat Recovery Boiler (WHRB) technology, the project will convert industrial waste heat into clean electricity, marking a significant milestone in sustainable manufacturing for the region, according to a statement.

"The WHRB-based captive power plant will repurpose residual heat from the steelmaking process—energy traditionally lost to the environment—into a reliable source of green power," A-One Steel Group said.

"This will reduce dependence on grid electricity, lower operational costs, and cut carbon emissions, advancing both environmental goals and energy security," it added.

The plant is expected to be commissioned by July 31, 2025.

Once operational, the 10 MW facility will rank among Karnataka’s leading industrial-scale waste heat utilisation projects in the steel sector.

The project advances the 'Make in India' mission by generating employment for 60 people at the Koppal location, the statement further said.

"This initiative reflects our unwavering commitment to building a greener, more resilient future for Indian steel," Krishan Kumar Jallan, founder and chairman of A-One Steel Group, said.

"By harnessing waste heat to generate clean power, we are demonstrating that responsible manufacturing isn’t just good for the environment—it’s a strategic advantage that strengthens our competitiveness, supports local communities, and aligns with India’s vision of Aatmanirbhar Bharat," he added.

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