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Challenges and Opportunities in the Decarbonization of India's Steel Industry

31 Jan 2023

Union Cabinet approves National Green Hydrogen Mission, sees green hydrogen as key in decarbonizing steel to achieve India's climate targets.

Steel is a vital part of the Indian economy, being the world's 2nd largest producer and consumer of steel. In FY 21-22, it contributed 2% to GDP and provided 20 lakh jobs. The National Steel Policy aims to increase production to 300 MT by 2030. However, the sector is also a major emitter of greenhouse gases, accounting for 9% of total emissions in 2018, which could increase to 14% by 2030 under current trends read more...

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