Steel Ministry is working on the country’s first-ever Green Steel Mission
Steel

Steel Ministry is working on the country’s first-ever Green Steel Mission

The Union Ministry of Steel is working on the country’s first-ever Green Steel Mission, even as it attempts to define these new metal offerings that may be manufactured using low-carbon energy sources or have low-embedded carbon emissions.

Parallelly, as part of the National Green Hydrogen Mission, three pilot projects that will use hydrogen for steel production have been approved with a financial support of Rs.3.47 billion and by the year end, the Green Steel Mission should be ready.

Green steel has no universally accepted criteria but implies a metal made from low carbon energy sources like renewable energy or electric arc furnaces. Experts said that the ministry should define green steel in 'percentage terms' based on a steel plant’s emission intensity. The benchmark emission set by the ministry is 2.2 tonne of carbon dioxide emitted per tonne of crude steel produced.

Recently, Simplex Castings said that its 40 TPD plant is estimated to cost  Rs. 2.3 billion and that it will serve as a model for sustainable steel production, supporting India’s transition to a green economy.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Union Ministry of Steel is working on the country’s first-ever Green Steel Mission, even as it attempts to define these new metal offerings that may be manufactured using low-carbon energy sources or have low-embedded carbon emissions. Parallelly, as part of the National Green Hydrogen Mission, three pilot projects that will use hydrogen for steel production have been approved with a financial support of Rs.3.47 billion and by the year end, the Green Steel Mission should be ready. Green steel has no universally accepted criteria but implies a metal made from low carbon energy sources like renewable energy or electric arc furnaces. Experts said that the ministry should define green steel in 'percentage terms' based on a steel plant’s emission intensity. The benchmark emission set by the ministry is 2.2 tonne of carbon dioxide emitted per tonne of crude steel produced. Recently, Simplex Castings said that its 40 TPD plant is estimated to cost  Rs. 2.3 billion and that it will serve as a model for sustainable steel production, supporting India’s transition to a green economy.

Next Story
Resources

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Next Story
Real Estate

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Next Story
Real Estate

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?