Hydrogen Rise, Jindal Shadeed Iron & Steel and SOHAR Port and Freezone have signed an agreement to evaluate the development of the first green hydrogen plant at Sohar in Oman, which will decarbonize the steel production process at Jindal Shadeed’s steel manufacturing plant. Together, the partners will assess the potential to produce steel in a completely sustainable manner to reduce emissions, lower the complex’s carbon footprint and preserve gas reserves for other applications across the country. After conducting techno-economic feasibility studies, the first phase will include the operation of a 35MW electrolyser capacity by mid-2024, paired with a solar renewable energy plant. Following this first phase, an upscaling path to a potential 350 MW electrolysis capacity will be evaluated.Hydrogen Rise, based in Oman and Germany will develop, build and operate the green hydrogen facility at Sohar supplying green hydrogen to Jindal Shadeed’s steel manufacturing facility. It will evaluate the development of a step-wise scalable and bankable project for a very innovative decarbonization process, from a starting electrolysis size of 35 MW to a step-by-step ten-fold scaling of 350 MW. This approach, plus the very cost competitive renewable energy production in Oman. If successful, this mechanism can be rolled out to industrial zones across the country and around the world.Jindal Shadeed’s expertise in steel production can see the company become an early pioneer in utilizing innovative decarbonisation technologies and in substituting natural gas with green hydrogen in the steel manufacturing process to become a major producer in the fast-developing global market for green steel. The range of products that are possible to be produced using this method has the potential to transform the steel industry in Oman.Jindal Steel & Power Limited’s Jindal Shadeed Iron and Steel has annual steel production capacity of 2.4 million tonne of steel1.8 million tonne DRI Plant2.4 mmillion tonne Steel Melt Shop1.4 million tonne Rolling MillJindal Panther Rebars are manufactured using Quenched and Tempered Bar and Self Tempering Technology, which results in high strength and ductility due to fine grain multi-phased composite structures. They also meet Ultimate Tensile Strength to Yield Strength (UTS/YS) ratio and high percentage elongation, producing a superior earthquake resistant quality due to high energy absorption capability.