India's Green Steel Revolution: Consortium Formed to Develop Indigenous Technology
Key Ideas
- A consortium is being established in India involving labs, IITs, steelmakers, and equipment manufacturers to develop indigenous green technology for steelmaking.
- The government is working with international technology provider Danieli to lower the cost of clean energy-based Direct Reduced Iron (DRI) plants, a key step in transitioning to green steel production.
- The Steel Ministry in India has initiated tenders under the National Green Hydrogen Mission with a fund of Rs 455 crore to support the pilot of green steel-making projects.
- India aims to reduce carbon intensity in steel production by 20% through the increased use of hydrogen and carbon capture technologies, aligning with global efforts in decarbonization.
The Steel Ministry in India has taken significant steps towards establishing a consortium to focus on developing indigenous green technology for steelmaking. This initiative involves collaboration between laboratories, IITs, steelmakers, and equipment manufacturers. The government is actively engaging with the international technology provider Danieli to address the cost challenges associated with adopting clean energy-based Direct Reduced Iron (DRI) plants, which are crucial for the transition to green steel production. In line with its commitment to sustainability, the Indian government has floated tenders under the National Green Hydrogen Mission to solicit industry participation in piloting green steel-making projects, with a significant fund allocation of Rs 455 crore to support these initiatives. The aim is to reduce the carbon intensity of steel production by 20% through the implementation of hydrogen-based technologies and carbon capture solutions. By collaborating with leading technology providers and research institutions, such as the Institute of Minerals and Materials Technology (IMMT), India is striving to pioneer green steel-making methods using innovative approaches like 100% hydrogen-based DRI production. These efforts are part of a broader decarbonization roadmap being developed to lower the steel sector's carbon footprint, as steel production currently contributes to 12% of total emissions. The industry is looking towards advanced technologies like Energiron direct reduction, which promises enhanced energy efficiency and environmental compliance through the utilization of hydrogen. While countries like China and Sweden have made progress in fossil fuel-free DRI production, India's focus is on reducing carbon emissions and fostering sustainable practices within the steel industry.
Topics
India
Green Technology
Energy Efficiency
Decarbonization
Steel Industry
Government Initiatives
Carbon Footprint
Research Consortium
Technology Cost Reduction
Latest News