Tata Steel Eyes €6.5 Billion Agreement to Cut Dutch Emissions

Emissions rising from a Tata Steel plant in IJmuiden, Netherlands.

Photographer: Peter Boer/Bloomberg

Tata Steel Ltd. plans to cut emissions at its Netherlands operation in a project that could cost as much as €6.5 billion ($7.6 billion).

The investment is expected to range from €4 billion and €6.5 billion, with the state contributing as much as €2 billion, according to a press release from the Climate Ministry.