R K Singh commits additional funds for green hydrogen in steel sector

27 Jan 2024 CW Team

Union Minister R K Singh provided reassurance to stakeholders, stating that additional funding would be allocated for the decarbonisation of the steel sector under the National Green Hydrogen Mission if necessary. Chairing a meeting that included government and industry representatives from the iron and steel sector, Singh discussed pilot projects under the mission. Participants included officials from the Ministry of New & Renewable Energy, Ministry of Steel, and industry representatives.

Singh, who serves as the Union Power and New & Renewable Energy Minister, emphasised the utilisation of mission funds to advance technology for integrating hydrogen into steel production. He highlighted that some manufacturers have already initiated experiments with green hydrogen in the steel sector. The purpose of the meeting was to determine the avenues for channelling funds to expedite this transition through a transparent selection process, addressing technology gaps.

Assuring stakeholders, Singh mentioned the possibility of allocating additional funds beyond the Rs 4.55 million already earmarked for the steel sector under the National Green Hydrogen Mission. During the discussions, industry representatives expressed concerns about challenges faced during trials, and the prospect of executing projects through a consortium was also explored.

Singh urged concerted efforts to identify the right technology and pathways for decarbonising the steel sector, emphasising the government's commitment to energy transition. He highlighted the significance of using green hydrogen in steel production to reduce carbon content. Singh underscored the importance of energy transition for the competitiveness of the sector, especially in light of trade barriers imposed by developed countries.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..