Government Sanctions Groundbreaking Hydrogen Pilot Projects in Indian Steel Sector
Key Ideas
- Government of India sanctions three pilot projects in steel sector to promote hydrogen usage, including a 3,200 TPD project at SAIL in Ranchi.
- Matrix Gas and Renewables Ltd consortium and Simplex Castings consortium are among the selected participants for pilot projects with significant capital expenditure.
- MNRE to provide Rs 347 crore in funding for the projects, aiming for commissioning within three years to demonstrate green hydrogen-based steel-making processes.
- Pilot projects expected to validate technical feasibility, performance, and economic viability of hydrogen in steel production for low-carbon output.
The Indian government has approved three pilot projects in the steel sector to promote the use of hydrogen, particularly green hydrogen, in steel production. The projects involve collaborations with various consortiums, including Matrix Gas and Renewables Ltd and Simplex Castings, with significant capital expenditure estimated at INR 321 Crore. MNRE will provide Rs 347 crore in funding for the projects, aiming to commission them within the next three years. The pilot projects aim to demonstrate the safe and secure operation of green hydrogen-based steel-making processes, affirming their technical feasibility, performance, and economic viability, ultimately leading to low-carbon iron and steel production. The initiative falls under the National Green Hydrogen Mission, marking a significant step towards sustainable practices in the steel industry.