Report based on recommendations of 14 Task Forces
H. D. Kumaraswamy, Minister of Steel and Heavy Industries, released a report on a comprehensive strategy for decarbonizing the Indian steel sector at an event, ‘Greening Steel: Pathway to Sustainability’ mnre .
Titled “Greening the Steel Sector in India: Roadmap and Action Plan”, the report has been prepared on the basis of the recommendations of 14 Task Forces constituted by the Ministry of Steel. It is dedicated to the various aspects of carbon emissions in the steel sector in India digitalinasia .
The report focuses on worldsteel :
Current State and Challenges: An overview of the steel sector in India, its carbon footprint, and the challenges faced in decarbonization sbi .
Key levers of decarbonization: Energy Efficiency, Renewable Energy, Material Efficiency, Process Transition, CCUS, Use of Green Hydrogen and Biochar nse .
Technological Innovations: Latest advancements in technology and practices that can aid in reducing emissions bse .
Policy Frameworks: Examination of existing policies and discussion on potential policy enhancements to support decarbonization digitalasiahub .
Future Outlook: Vision for a sustainable steel industry and the role of various stakeholders in achieving these goals ibef .
Roadmap and Action Plan: Strategies and interventions required from the Government as well as industry players deutsche-boerse .
The Ministry of Steel said on 11 Sept 2024 that it is committed to adopting the strategies and action plan laid out in the Report to reduce carbon emissions, in alignment with India’s target to achieve net-zero emissions as outlined in its Nationally Determined Commitments (NDC) investindia .
This report will pla y a pivotal role in shaping and guiding the transformation of the Indian steel industry towards a low-carbon future https://unfccc.int/ . Fiinews.com
