Jindal Stainless (JSL) will invest Rs 120 crore to set up rooftop solar power projects at its Jajpur and Hisar facilities. A 21 MWp capacity solar power plant will be set up in Jajpur, while another 6 MWp rooftop solar power capacity is to be installed at its unit in Hisar.

The two rooftop solar power plants will generate about 795 million units of electricity, with a carbon abatement potential of 5,64,450 tonne over a period of 25 years.

Both the projects are scheduled to be completed by March 2024.

The energy generated will be for the company's captive consumption and will be part of responsible business practices to reduce its carbon footprint, as it pursues the net-zero target.

The company's Hisar unit has already commissioned rooftop solar power projects of 4.1 MWp, which is capable of generating 110.7 million units of electricity, with the potential for reducing 78,597 tonne of CO2 emissions.

In FY22, the company managed to reduce its carbon emissions by 1.4 lakh tonne.