Government Initiatives for Green Steel Production and Adoption of Hyrogen in Indian Steel Sector
Key Ideas
  • 14 Task Forces formed with industry stakeholders to recommend decarbonisation levers including Green Hydrogen, Energy Efficiency, and Carbon Capture.
  • National Green Hydrogen Mission and Solar Mission promote the use of renewable energy and Green Hydrogen in steel production.
  • PAT scheme incentivizes steel industry for energy efficiency, while adopting Best Available Technologies and Japan's energy efficiency projects.
  • Carbon Credit Trading Scheme aims to reduce emissions and incentivize steel companies; Steel Scrap Recycling Policy promotes circular economy.
The Indian government has taken significant steps to promote green steel production and reduce greenhouse gas emissions in the steel manufacturing sector. Task Forces comprising industry, academia, and ministries have recommended technologies like Green Hydrogen, Energy Efficiency, and Carbon Capture. Initiatives such as the National Green Hydrogen Mission and Solar Mission encourage the use of renewable energy and Green Hydrogen in iron and steel making. Schemes like PAT incentivize energy efficiency, while the adoption of Best Available Technologies and Japan's energy efficiency projects further enhance sustainability. The Carbon Credit Trading Scheme aims to price emissions and incentivize reductions by steel companies. Additionally, measures to promote recycled steel production include the Steel Scrap Recycling Policy, which enhances the availability of domestically generated scrap and promotes circular economy. Rules like the Motor Vehicles Scrapping Facility further contribute to increasing scrap availability for the steel sector, aligning with the government's focus on sustainability and green transition.
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