Tata Steel has announced that it will start building a new, low-emission steel plant in Port Talbot, Wales, in July 2025. This modern plant will use electric arc furnace (EAF) technology instead of old-style blast furnaces, which release more pollution. The new plant should be ready and running by 2027.

The project will cost $1.5 billion (about ₹12,500 crore), and the UK Government is giving £500 million to support it. Tata Steel’s leaders, CEO T V Narendran and CFO Koushik Chatterjee, confirmed these plans in their latest annual report.

As part of the change, Tata Steel has already shut down its old blast furnaces at Port Talbot. Until the new plant is ready, the company will keep supplying UK customers by importing steel from its factories in India, the Netherlands, and other places.

Chairman N Chandrasekaran said the company is making good progress in its goal to make steel in a cleaner, more eco-friendly way. The new furnace will use scrap metal from the UK to make up to 3.2 million tonnes of steel every year, while producing much less pollution.

Tata Steel also plans to cut costs during this change. They aim to lower their yearly fixed costs from £762 million in 2025 to £540 million in 2026. These savings will come from better use of raw materials, improved technology, simpler operations, and cutting extra overhead expenses.

Overall, this project is expected to reduce over 50 million tonnes of carbon emissions in the next 10 years and support both Tata Steel’s and the UK’s environmental goals.