A Bold Step Towards Sustainable Steel Manufacturing

On the auspicious occasion of India’s Republic Day, Conares hails the growing relations between UAE and India. An integral aspect of this relationship is the shared commitment of both nations toward sustainability and green initiatives. Meanwhile, the company's contributions to the UAE's ambitious decarbonisation targets resonate with India's pursuit of cleaner energy solutions.

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India, signed in 2022, serves as a catalyst for enhanced trade and economic collaboration, says Bharat Bhatia, CEO and Chairman of Conares.

“Conares has strategically positioned itself as a leader in eco-conscious manufacturing, aligning its operational policies with the UAE's and India's renewable energy frameworks. The agreement not only streamlines trade but also promotes sustainable practices and innovations, aligning perfectly with the company’s vision for green steel manufacturing,” he added.

As such, the second-largest private steel manufacturer in the UAE has embraced sustainable and green steel production, embodying a commitment to environmental stewardship. The company is emphasising sustainable practices to align itself with the broader goals of UAE-India relations. As an Indian company operating in the UAE, Conares is a testament to the strong cultural and economic ties between the two nations.

“In our operations, we leverage cutting-edge technologies, notably Electric Arc Furnaces (EAF). EAFs, driven by high-voltage electric arcs, represent a paradigm shift in the industry by eschewing traditional fossil fuels in favour of electricity. This transformative method significantly reduces carbon emissions, positioning Conares at the forefront of sustainable manufacturing practices globally,” Bhatia said.

— kushmita@khaleejtimes.com