euroindia December 23, 2022 0 Comments

Steel sector being a founding determinant of Indian economy and having a fundamental role to play in realizing the Atmanirbhar Bharat goals, the Government sought to decarbonize the steel industry by encouraging possible use of green hydrogen as a future fuel, while also aiming at enhanced use of renewable energy sources, application of resource-efficient materials, expansion of scrap usage, strengthening R&D and focusing largely on rural India.

The Government hopes for reduction of carbon emissions in the steel industry by facilitating energy efficiency, while in the medium and long term by 2047, green hydrogen utilization and storage should remain in focus, along with disruptive alternative technological innovations to achieve all targets of the economy including that of the carbon transition mission.

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