India Launches Rs 50 Billion Scheme to Cut Steel Emissions

19 Sep 2025 CW Team

India plans to roll out a Rs 50 billion ($570 million) programme to encourage steel producers to reduce emissions, a senior government official stated. The scheme will particularly target smaller firms, which contribute nearly half of the nation’s steel output, Sandeep Poundrik, Secretary of the Steel Ministry, said at the FT Energy Transition Summit in New Delhi on Wednesday.

Steel demand in India is rising due to a wave of infrastructure projects and growing housing requirements. While many small steel plants are being established because they are easier to set up, they are also highly polluting.

The initiative forms part of the government’s broader strategy to reduce the environmental impact of its hard-to-abate steel sector. Incentives under the programme will support India’s goal of achieving net zero emissions by 2070 and facilitate trade with the European Union, which penalises emission-intensive imports through its border carbon adjustment mechanism.

The programme will proportionately reward different levels of decarbonisation and will focus on secondary plants producing semi-refined, refined, or finished steel products, Poundrik added.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..