India’s Steel Ministry in 2022 end update reaffirmed that it is continuously engaging with the stakeholders from the steel industry and the concerned stakeholder such as Ministry of Environment, Forests & Climate Change, Ministry of Power, Bureau of Energy Efficiency, Ministry of New & Renewable Energy & NITI Aayog etc for decarbonization and improvement of resource efficiency in Indian steel sectorDiscussions were also held in meetings of Consultative Committees of Parliament on Transition towards Low Carbon Steel-Green Steel on 6 May 2022 and Roadmap for Circular Economy in Steel Sector on 1 July, 2022. Further, Ministry of Steel hosted a session on the 6th Day of COP 27 event in Sharm-El-Sheikh in Egypt on 11 November 2022 wherein discussion were held on the issues of reducing carbon emissions hinging on technologies such as green hydrogen in steel making, Carbon Capture, Storage and Utilization, Best Available Technologies on Energy Efficiency as well as transition to Renewable Energy.India’s steel sector accounts for 12% of India’s CO2 emission with an emission intensity of 2.55 t CO2/TCS compared to global average emission intensity of 1.85 t CO2/TCS. As a part of Glasgow commitments, India plans to achieve net zero emissions by 2070.
India’s Steel Ministry in 2022 end update reaffirmed that it is continuously engaging with the stakeholders from the steel industry and the concerned stakeholder such as Ministry of Environment, Forests & Climate Change, Ministry of Power, Bureau of Energy Efficiency, Ministry of New & Renewable Energy & NITI Aayog etc for decarbonization and improvement of resource efficiency in Indian steel sectorDiscussions were also held in meetings of Consultative Committees of Parliament on Transition towards Low Carbon Steel-Green Steel on 6 May 2022 and Roadmap for Circular Economy in Steel Sector on 1 July, 2022. Further, Ministry of Steel hosted a session on the 6th Day of COP 27 event in Sharm-El-Sheikh in Egypt on 11 November 2022 wherein discussion were held on the issues of reducing carbon emissions hinging on technologies such as green hydrogen in steel making, Carbon Capture, Storage and Utilization, Best Available Technologies on Energy Efficiency as well as transition to Renewable Energy.India’s steel sector accounts for 12% of India’s CO2 emission with an emission intensity of 2.55 t CO2/TCS compared to global average emission intensity of 1.85 t CO2/TCS. As a part of Glasgow commitments, India plans to achieve net zero emissions by 2070.
