Skip to content
Search

Latest Stories

Tata Steel ties up with Imperial College in decarbonisation efforts

The Centre for Innovation in Sustainable Design and Manufacturing is expected to enable the development of sustainable products

Tata Steel ties up with Imperial College in decarbonisation efforts

A NEW £10-million design and manufacturing centre has been created in partnership between Imperial College London and India’s Tata Steel as part of efforts to develop innovative processes to decarbonise steel production.

The Centre for Innovation in Sustainable Design and Manufacturing is expected to enable the development of sustainable products in the automotive and clean energy industries.

According to Imperial, lighter and stronger types of steel could foster more energy-efficient and affordable vehicles and clean energy generation.

“Drawing on Imperial and Tata Steel's combined expertise, this new centre will work to reduce the environmental impact in steel production and in key sectors that use steel, like the clean energy sector,” professor Mary Ryan, vice-provost (research and enterprise) at Imperial College London and co-chair of the Governing Council of the centre, said in a statement on Wednesday (13).

“To create a zero-pollution future, it's vital that we prioritise systematic transformation of industrial systems. By doing this, the new centre will contribute to the creation of a high tech and economically successful steel industry, both in the UK and across the world,” she said.

Imperial, a leading research university, points out that Tata Steel will benefit from the expertise of Imperial academics both in the department of mechanical engineering and across the university.

The centre will also incorporate an accelerator programme designed to support the transfer of new insights to the industry, with Imperial researchers working to develop new technologies.

“This new Centre is a great example of how Imperial's research can have real-world impact and address a key global challenge," said professor Nigel Brandon, dean of Imperial's Faculty of Engineering.

“The Centre for Innovation is a part of Tata Steel's larger endeavour to build stronger industry-academia partnerships for driving technological advancement and creating strategic advantages,” said T V Narendran, CEO & MD, Tata Steel.

“The centre at Imperial provides a strong academic and research platform with an excellent talent pool. Our goal is to synergise research excellence with industry experience to create cutting-edge technology solutions for a greener future,” he said.

Debashish Bhattacharjee, vice president, technology and R&D, Tata Steel, noted that the new centre will focus on the “design and development of sustainable solutions”.

(PTI)

More For You

Shein-Reuters

Shein had aimed to go public in London in the first half of this year, subject to regulatory approvals in the UK and China. (Photo: Reuters)

Shein cuts valuation to £40 billion for London listing

SHEIN is preparing to lower its valuation to around £40 billion for a potential initial public offering (IPO) in London, according to three Reuters sources familiar with the matter.

This is nearly 25 per cent lower than the company's 2023 fundraising valuation as it faces increasing challenges.

Keep ReadingShow less
Northern-Superchargers-Getty

Ben Stokes and Matthew Short of Northern Superchargers walk out to bat during The Hundred match between Manchester Originals and Northern Superchargers on August 11, 2024 in Manchester, England. (Photo: Getty Images)

Sunrisers Hyderabad to acquire Northern Superchargers in £100 million deal

INDIAN Premier League franchise Sunrisers Hyderabad is set to become the first full owners of an English Hundred team after agreeing to buy Yorkshire’s Northern Superchargers for a reported £100 million.

The Sun Group will be the third IPL-linked investor in the eight-team Hundred competition, following Reliance Industries, which owns Mumbai Indians, and RPSG, which runs Lucknow Super Giants.

Keep ReadingShow less
BT-Getty

A view of the British Telecom (BT) headquarters in central London. (Photo: Getty Images)

BT to remove diversity targets from manager bonuses

BT will remove diversity, equity, and inclusion (DEI) targets from its manager bonus scheme, replacing them with a measure of overall employee engagement.

The change, set to take effect in April, follows consultation with major investors and has received “strong support,” according to the company, The Telegraph reported.

Keep ReadingShow less
India's central bank cuts interest rates for first time since 2020

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.. (Photo credit: Reuters)

India's central bank cuts interest rates for first time since 2020

THE RESERVE BANK OF INDIA (RBI) reduced interest rates on Friday for the first time in nearly five years, citing concerns over economic growth despite inflation risks.

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.

Keep ReadingShow less
Sri Lanka seeks to negotiate with Adani over renewable energy plants

Gautam Adani

Sri Lanka seeks to negotiate with Adani over renewable energy plants

SRI LANKA’S government started talks with India’s Adani Group to lower the cost of power from two wind power projects the group will build in the island nation’s northern province, the cabinet spokesman said last Tuesday (28).

Sri Lanka has been reviewing the group’s local projects after US authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts. Adani has denied the allegations.

Keep ReadingShow less