Thursday, Apr 25 2024 | Time 22:55 Hrs(IST)
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Business Economy


TSML signs MoU with METRON

Bhubaneswar, May 30 (UNI) Tata Steel Mining Limited (TSML) on Tuesday signed a Memorandum of Understanding (MoU) with French Cleantech company METRON, a leading provider of cloud-based energy management solutions. to design and implement an advanced energy management and optimization platform for the company’s Ferro Alloys Plant at Athagarh in Cuttack.
As per the MoU, the software solution developed by METRON will enable Tata Steel Mining monitor, analyse, and optimize energy consumption in real time and reduce carbon footprint across plant utilities.
It will help the company digitalize energy to decarbonize territories, optimize energy consumption, reduce costs, and improve overall operational efficiency, a TSML release said here on Tuesday.
The cloud-based energy management and optimization platform will provide real-time visibility of energy usage across the plant, allowing Tata Steel Mining to identify areas for improvement and make data-driven decisions to optimize energy consumption.
The platform will use advanced analytics and artificial intelligence to provide predictive insights and recommendations, enabling the company to reduce energy consumption, and lower its carbon footprint.
Tata Steel Mining had earlier inked pact with FluxGen Sustainable Technologies for digitisation of its water consumption through a digital dashboard at its Ferro chrome units and mines.
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