Steel

"Refining Clock Design: Innovative 5G Integrated Timekeeping Solution"

The Indian Steel Association (ISA) and an analyst weigh in on measures to boost green steel. Greening steel is essential to meet India’s COP26 targets. Here are some suggestions from the ISA to make this happen: The ISA proposes preferential public procurement, meaning, manda...

The Indian Steel Association (ISA) and an analyst weigh in on measures to boost green steel. Greening steel is essential to meet India’s COP26 targets. Here are some suggestions from the ISA to make this happen: The ISA proposes preferential public procurement, meaning, mandating that government-funded construction projects source at least a portion of their steel from low-carbon emitting producers. This is along the same lines as renewable energy purchase obligations.Introducing standards for green steel, carbon credit mechanisms for the transfer of technology and financing for introducing breakthrough technologies are also in order. Introducing incentives for companies reducing their CO2 emission intensity below a set baseline, in terms of either subsidisation of a new technology or tax incentives, would help the steel sector to reduce its CO2 emission intensity to 2.4tCO2/TCS capital by 2030, in alignment with India’s Nationally Determined Contributions. For Carbon Capture and Storage, Carbon Capture Utilisation and those combined options, some policy in line with the solar power or the national bio-fuel policies may be introduced to promote the capturing and conversion of carbon into a sustainable fuel. Providing direct incentives would help make those technologies economically viable. Funding demonstration projects, pilot projects for the use of hydrogen in steel plants and the large scale capture, storage and utilisation of carbon would also help. Waiving off renewable power transmission charges would spur planning for new Plants ready for hydrogen or carbon capture and new electric furnaces powered by renewable electricity. Promoting R&D to reduce the price of hydrogen, from $5-10 per kg to $1-2 per kg, and developing the hydrogen ecosystem would boost the transition to green steel. The government could take up the matter of the Carbon Border Adjustment Mechanism at various international platforms until the sector and country is ready for that. What can steelmakers do? India’s current technology mix is skewed towards coal-based Direct Reduced Iron (DRI), induction furnaces and electric arc furnaces due to lower capex, resulting in inefficiency and fragmentation, opines Tanmoy Mandal, Associate Director, Metals & Minerals Practice, Frost & Sullivan. Mandal advises steelmakers to look at realigning their focus from capacity to engineer intelligent, productive and carbon-efficient capabilities for the future with the flexibility to combine direct reduction, blast furnace technology, increase the share of scrap-based arc furnaces, and basic oxygen furnace technology. “This would increase their ability to add incremental capacities at a low lifecycle cost,” he says. “The cost of decarbonisation is a challenge. Additionally, the flexibility to complement clean coal energy sources like commercial coal gasification using Swadeshi Coal can make steel with a lower carbon footprint, ensuring sustained profitability. This allows the operation of plants in uncertain and evolving environments, minimising risk.”

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Equipment

ACE to Invest Rs 4 Bn in New Tower Crane Facility at Palwal, Haryana

Action Construction Equipment (ACE), India’s leading construction equipment and crane manufacturer, has announced an investment of Rs 4 billion to set up a new tower crane manufacturing facility at Palwal, Faridabad, Haryana. Spanning 22 acres, the facility is aimed at meeting the growing demand in the construction sector and strengthening ACE’s manufacturing footprint.Alongside this expansion, ACE has also acquired 32 acres of land in Indore for future projects, aligning with its long-term growth strategy.Sorab Agarwal, Executive Director, ACE, said, “Our focused strategy to double reve..

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Infrastructure Transport

SAIL Strengthens Northeast Connectivity with Bairabi–Sairang Railway Project

Steel Authority of India (SAIL), a Maharatna company and India’s leading public sector steel producer, has supplied nearly 15,000 metric tons of high-quality steel products for the 51-km Bairabi–Sairang railway project in Mizoram. The project, inaugurated by Prime Minister Shri Narendra Modi on September 13, 2025, marks a significant milestone in enhancing connectivity in the Northeast.For the Bairabi–Sairang line, SAIL contributed around 10,000 metric tons of R-260 grade prime rails from its Bhilai Steel Plant, a flagship facility known for producing world-class rails. An additional 5,0..

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Infrastructure Energy

PM to Lay Foundation of NTPC’s 2,800 MW Nuclear Project in Rajasthan

Prime Minister Narendra Modi will soon lay the foundation stone of a 2,800 Megawatt (MW) nuclear power project in Banswara, Rajasthan. The project, a joint initiative between NTPC Ltd and Nuclear Power Corporation of India (NPCIL), will mark NTPC’s foray into nuclear energy generation.The project will feature four Pressurised Heavy Water Reactors (PHWRs) of 700 MW each. The first unit is expected to be commissioned in 2031, with the subsequent three units coming online at six-month intervals. Most of the material required for the project will be sourced from domestic contractors through comp..

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