Latest news with #HarsshaShetty
Muscat Daily
18-05-2025
- Business
- Muscat Daily
Jindal Renewables and OQAE sign JDA to advance integrated renewable power projects
Muscat – In a landmark move to accelerate Oman's transition to clean energy, Jindal Renewables, part of the $25 billion India-based Jindal Group, and OQ Alternative Energy (OQAE), the Sultanate's designated national champion for renewable energy, have signed a Joint Development Agreement (JDA) to collaborate on the development, ownership, and operation of large-scale renewable energy assets in the country. The agreement was formally signed by Harssha Shetty, CEO of Jindal Oman, and Najla Zuhair al Jamali, CEO of OQ Alternative Energy, at a ceremony held in Muscat during Oman Sustainability Week. This strategic partnership marks a significant milestone in supporting the goals of Oman Vision 2040, the national roadmap for economic diversification, sustainability, and green industrialisation. Both companies expressed their deep gratitude to His Majesty Sultan Haitham bin Tarik for his visionary leadership in guiding Oman's transition toward a knowledge-based, low-carbon economy. The partnership reaffirms their commitment to contributing meaningfully to His Majesty's vision of a more sustainable and prosperous Oman. Under the JDA, both companies will co-develop Integrated Energy Valleys (IEVs) — a flagship configuration pioneered by Jindal Renewables — to deliver 24×7 firm, dispatchable renewable power by combining solar, wind, and advanced energy storage technologies. As part of its future roadmap, Jindal Renewables plans to develop the first Integrated Energy Valley (IEV) in Oman to deliver renewable power to a 5 MTPA green steel plant proposed by Jindal Steel Duqm, a sister concern of Jindal Renewables. Additionally, a separate IEV is planned to supply 300 MW of continuous clean power to the operational 2.4 MTPA Jindal steel plant in Sohar, enabling the decarbonisation of Jindal's existing industrial footprint in the Sultanate. Harssha Shetty, CEO of Jindal Oman, said, 'This agreement is a powerful endorsement of our shared commitment to decarbonising heavy industries and creating scalable, resilient clean energy ecosystems. Together with OQAE, we aim to make Oman a leading player in the global green energy value chain.' Najla Zuhair al Jamali, Chief Executive, OQ Alternative Energy, commented, 'This agreement underscores OQAE's commitment to accelerating investable, utility-scale renewable energy projects that align with Oman's long-term decarbonisation agenda. By enabling clean power for strategic industries, we are not only supporting economic diversification under Vision 2040, but also creating tangible opportunities for sustainable investment and value creation in the region's energy transition.' Jindal Renewables is committed to fostering diversity, inclusivity, and in-country value, and brings deep capabilities in project development, finance, execution, and asset management to the partnership.
Muscat Daily
17-05-2025
- Business
- Muscat Daily
Jindal Renewables, OQAE sign deal for large-scale renewable projects in Oman
Muscat – Jindal Renewables, part of the $25bn India-based Jindal Group, and OQ Alternative Energy (OQAE), the sultanate's designated national champion for renewable energy, have signed a Joint Development Agreement (JDA) to collaborate on the development, ownership, and operation of large-scale renewable energy assets in Oman. The agreement was formally signed by Harssha Shetty, CEO of Jindal Oman, and Najla Zuhair al Jamali, CEO of OQ Alternative Energy, at a ceremony held in Muscat during Oman Sustainability Week. This strategic partnership marks a significant milestone in supporting the goals of Oman Vision 2040, the national roadmap for economic diversification, sustainability, and green industrialisation. In a press statement, both companies expressed their deep gratitude to His Majesty Sultan Haitham bin Tarik for his visionary leadership in guiding Oman's transition toward a knowledge-based, low-carbon economy. The partnership reaffirms their commitment to contributing meaningfully to His Majesty's vision of a more sustainable and prosperous Oman. Under the JDA, both companies will co-develop Integrated Energy Valleys (IEVs) – a flagship configuration pioneered by Jindal Renewables – to deliver 24×7 firm, dispatchable renewable power by combining solar, wind, and advanced energy storage technologies. As part of its future roadmap, Jindal Renewables plans to develop the first Integrated Energy Valley (IEV) in Oman to deliver renewable power to a 5 MTPA green steel plant proposed by Jindal Steel Duqm, a sister concern of Jindal Renewables. Additionally, a separate IEV is planned to supply 300 MW of continuous clean power to the operational 2.4 MTPA Jindal Steel plant in Sohar, enabling the decarbonisation of Jindal's existing industrial footprint in the dultanate. Harssha Shetty said, 'This agreement is a powerful endorsement of our shared commitment to decarbonising heavy industries and creating scalable, resilient clean energy ecosystems. Together with OQAE, we aim to make Oman a leading player in the global green energy value chain.' Najla Zuhair al Jamali said, 'This agreement underscores OQAE's commitment to accelerating investable, utility-scale renewable energy projects that align with Oman's long-term decarbonisation agenda. By enabling clean power for strategic industries, we are not only supporting economic diversification under Vision 2040, but also creating tangible opportunities for sustainable investment and value creation in the region's energy transition.' Formerly known as Vulcan Green Energy, Jindal Renewables is the clean energy arm of the Jindal Steel. It is focused on developing utility-scale renewable energy projects to power green manufacturing and support industrial decarbonisation, with special emphasis on energy storage and integrated solutions like the IEV.
Times of Oman
04-03-2025
- Business
- Times of Oman
Oman Football Association and Jindal Shadeed inaugurate the first talent centre in Sohar
Muscat: As part of its ongoing efforts to develop Omani football and nurture a new generation of talented players, the Oman Football Association (OFA), in a strategic partnership with Jindal Shadeed Iron & Steel, has inaugurated the first Jindal-OFA Talent Centre in Sohar. Jindal Shadeed has supported the project as part of its corporate social responsibility initiatives and will open a total of 10 Talent Centres across Oman. This inauguration marks a key milestone in the OFA's strategy to establish an integrated system for identifying and developing football talents. The Association, along with Jindal Shadeed, aims to create a network of Talent Centres across various governorates in the Sultanate, ensuring a modern training environment that provides young players with the opportunities to grow and progress according to professional standards. Preparing a generation for the future The Talent Centre is designed to prepare young players for local and international competitions, enhance their technical and physical abilities, and contribute to the future success of the Oman National Team. This initiative is a crucial step in the OFA's vision to develop youth football, leveraging available sports resources to build a strong foundation of players capable of competing at the highest levels. A vision for the future In his speech at the inauguration, Mohammed bin Sulaiman bin Mohammed Al-Yahmadi, the Secretary-General of the Oman Football Association, emphasized the significance of this center in the journey of football development in Oman. He stated: "We believe that investing in young talents is the key to sustainable success in Omani football. Through these centers, we aim to provide a modern training environment that will help shape a generation capable of competing regionally and internationally." Support from the private sector On behalf of Jindal Shadeed Iron & Steel, Harssha Shetty, the company's CEO, expressed his pride in supporting this project, saying: "We are excited that Jindal-OFA Talent Centre is being inaugurated in Oman's Steel City - Sohar. The Sohar Training Centre—the second among the ten centers being sponsored by Jindal Shadeed in association with OFA and under FIFA's technical guidelines—will fuel the region's passion for football and lay a strong foundation for grassroots talent development. This state-of-the-art Centre reinforces our commitment to one of the key pillars of Oman Vision 2040 – Youth and Sports. The state-of-the-art facilities and pedagogy at the Centre will identify and nurture local talent, ensuring that our youth have every opportunity to shine and become the future of Oman football on the global stage. True change begins at home, and today, we are taking a decisive step toward that brighter future." Centre facilities and training programmes The Talent Centre in Sohar is equipped with state-of-the-art football pitches, modern training halls, and specialised training programmes overseen by certified local and international coaches. The centre offers tailored programmes for different age groups, focusing on the technical, physical, and psychological development of young players. The centre officially began accepting young players last week, opening registration for aspiring footballers eager to join the training programmes and take advantage of the opportunities provided. The Talent Centre project: A comprehensive vision for Omani football development The inauguration of the Sohar Talent Centre is part of a broader initiative launched by the Oman Football Association to establish multiple talent centres across the Sultanate. The goal is to build a strong pipeline of skilled players and prepare them for professional football careers through structured and high-standard development programmes. The project aims to achieve several key objectives, including: Expanding football participation by providing equal training opportunities for young talents across various regions. Enhancing the quality of coaching and training by recruiting qualified coaching staff and implementing modern training methodologies. Strengthening the national teams by developing a strong talent pool capable of representing Oman in regional and international competitions. Fostering partnerships with the private sector to ensure the sustainability of the initiative and leverage available resources for the advancement of Omani football. The OFA, along with Jindal Shadeed is committed to expanding this project further by establishing additional Talent Centres in the future, increasing the opportunities for young players nationwide, and preparing them for professional careers at the highest levels. Future plans The event concluded with a tour of the Talent Centre's facilities, where attendees expressed their admiration for the world-class infrastructure and advanced equipment designed to support emerging football talents. The Oman Football Association reaffirmed its commitment to expanding this initiative by launching similar centres across different regions of the Sultanate.
Zawya
29-01-2025
- Business
- Zawya
JSIS advocates steel slag to drive sustainable construction practices
Jindal Shadeed Iron and Steel (JSIS), a leading force in the region's industrial sector, recently hosted an exclusive event at its Liwa facility in North Al Batinah to advocate for the use of steel slag as a sustainable alternative in commercial construction. The gathering, attended by the Governor of North Al Batinah, other senior dignitaries from the region and Muscat Governorate, as well as industry experts and key decision-makers, highlighted JSIS's dedication to advancing environmentally responsible practices. In line with Oman Vision 2040's focus on sustainability and resource efficiency, the event showcased steel slag, a by-product of steel production, as an innovative and eco-friendly solution for road construction and infrastructure projects. By promoting its adoption, JSIS seeks to reduce dependency on natural stone aggregates, safeguard Oman's natural reserves, and drive the nation's transition toward a circular economy. Notably, the steel slag roads have been effectively implemented in countries like the USA, Germany, and Japan, showcasing its environmental and economic benefits while preserving ecosystems in mining regions. It has been tried, tested and approved for use commercially for some decades. Some advantages of using Steel Slag Aggregates over Natural aggregates in Road construction: Commenting on the initiative, HE Sheikh Mohammed bin Sulaiman Al Kindi, Governor of North Al Batinah, said, 'Environmental sustainability is one of Oman's top priorities and serves as a fundamental pillar of Oman Vision 2040. Implementing strategic environmental programs is among the most vital means to achieve various developmental objectives, particularly in the industrial sectors. The Sultanate reaffirms its commitment to strengthening responsible environmental practices in alignment with global sustainability goals and the United Nations 2030 Agenda.' His Excellency further emphasized the importance of adopting innovative solutions to minimize environmental impact, stating: 'For instance, utilizing steel slag not only helps in reducing long-term environmental impact but also accelerates the transition towards more efficient and sustainable resource utilization.' Highlighting global trends in this field, he added: 'Many regions worldwide are increasingly adopting steel slag as a sustainable and resource-efficient option. As an ambitious nation with a forward-looking vision, Oman is keen to keep pace with these advancements. By incorporating steel slag into industrial processes, we have a significant opportunity to curb emissions, reduce waste, and contribute to the development of a cleaner and more sustainable circular economy.' Mr. Harssha Shetty, CEO of JSIS, emphasized the role of steel slag in supporting Oman's environmental objectives, stating, "With growing global environmental concerns, it is imperative for industries to embrace sustainable practices in resource management and production. The construction sector, in particular, must prioritize eco-friendly solutions to address the environmental impact of traditional methods. At JSIS, we are at the forefront of these developments, leveraging innovative approaches to optimize resource utilization while delivering high-quality products that support greener practices. Through initiatives like these, JSIS is proud to contribute to building a cleaner future for Oman while driving sustainability across varied sectors." Echoing Mr. Shetty's sentiments, Mr. Prakash Chaudhari, COO of JSIS, added, 'Steel slag offers a viable and environmentally sound alternative to natural aggregates while providing a steady supply of high-quality materials for infrastructure projects. Globally, steel slag has been proven effective in preserving ecosystems and reducing the environmental footprint of construction. By championing such innovative solutions, JSIS not only addresses critical environmental challenges but also strengthens its position as a forward-thinking contributor to Oman's sustainable development goals.' By hosting such events, JSIS actively encourages local companies to explore the untapped potential of steel slag and advocate for its broader adoption in future projects. The event featured comprehensive presentations that highlighted the various advantages of steel slag, particularly its role in ecosystem protection. Repurposing this by-product significantly reduces the need for mining natural aggregates, which is often linked to environmental degradation, including deforestation, habitat loss, and soil erosion. Additionally, using steel slag helps mitigate dust pollution, improving air quality and fostering a healthier ecological balance. The event also introduced innovative applications, such as using steel slag to fill open-pit mines in the North Al Batinah Governorate, providing a proactive solution to prevent acid mine drainage, and further reinforcing JSIS's commitment to environmental stewardship. With its unwavering focus on innovation and sustainability, JSIS continues to shape a progressive industrial landscape, fostering partnerships and solutions that contribute to a resilient, environmentally conscious future for Oman. About Jindal Shadeed Iron and Steel: Jindal Shadeed Iron & Steel (JSIS) is a premier steel manufacturing company based in the Sultanate of Oman. As a key player in the region's industrial sector, JSIS is dedicated to supporting Oman Vision 2040 by fostering local economic growth and driving sustainable development. With state-of-the-art facilities at SOHAR Port and Freezone, JSIS specializes in producing high-quality steel products, including rebars, billets, and wire rods, catering to both domestic and international markets. Since its establishment in 2010, the company has achieved significant milestones, such as commissioning advanced Direct Reduction, Steel Melt Shop, and Rolling Mill plants. JSIS also champions sustainability through innovative circular economy projects like slag recycling for brick production. Committed to operational efficiency, safety, and environmental stewardship, JSIS continues to strengthen Oman's non-oil GDP while maintaining strong partnerships with local stakeholders and creating lasting value for its employees, customers, and community.
