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“In Netherlands, we will shortly be submitting the detailed decarbonisation proposal to the Dutch government seeking regulatory and financial support,” Tata Steel CEO & MD TV Narendran said. Tata Steel Netherlands has been working intensely with Government of Netherlands on the contours of the decarbonisation project covering emission and health standards.
The detailed decarbonisation proposal will shortly be submitted to Government of Netherlands seeking regulatory and financial support which is critical for the company’s Dutch operations. Both parties will then discuss the detailed conditions of the project, a Tata Steel statement said.
Of the 1.25 billion pounds, the UK government’s contribution would be of up to 500 million pounds, Tata Steel said. India-headquartered Tata Steel owns the UK’s largest steelwork of 5 MTPA at Port Talbot in South Wales and employs around 8,000 people across all its operations in the country.
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