Nippon Steel Engineering announced that its proposal GHG Emission Reduction Project by Installation of Tundish Plasma Heater at Electric Arc Furnace in Indonesia has been selected for the second round of the "Feasibility Study project for the JCM (Decarbonization Field) as part of the FY 2022 Study on the infrastructure development project for acquisition of JCM credits" conducted by the Global Environment Affairs Office, Industrial Science and Technology Policy and Environment Bureau, Ministry of Economy, Trade and Industry. This Project aims to contribute to the realization of a decarbonized society by introducing our Tundish Plasma Heater to the Republic of Indonesia for the purpose of reducing greenhouse gas emissions in the iron and steel industry in Indonesia and the ASEAN region. We will conduct a feasibility study for the realization of the JCM Project. The Tundish Plasma Heating System developed and commercialized by NSE is capable of maintaining the temperature of molten steel in the tundish※3 of a continuous caster at a steel mill at a constant temperature. By introducing the NS-TPH to an existing continuous casting machine, the temperature can be lowered in the process prior to the continuous casting machine, leading to a reduction in the energy consumption rate of the entire steelmaking plant, which is expected to reduce CO2 emissions by approximately 6% per tonne of production. In addition to the NS-TPH, NSE also provides steelmaking equipment which contributes greatly to energy conservation and reduction of environmental impact such as Coke Dry Quenching System, Top-Combustion Hot Stoves.