<h1>Steel subsidiary invests Rs 100 crore in 10 MW waste heat recovery power plant creating 60 jobs</h1> A steel company subsidiary announced a Rs 100 crore investment to establish a 10 MW captive power plant at its facility in Karnataka. The project utilizes Waste Heat Recovery Boiler technology to convert industrial waste heat from steelmaking processes into clean electricity. Expected to be commissioned by July 31, 2025, the facility will reduce grid electricity dependence, lower operational costs, and cut carbon emissions. The initiative will create 60 jobs and represents one of Karnataka's leading industrial-scale waste heat utilization projects in the steel sector, supporting sustainable manufacturing goals.