Roadmap for decarbonisation of steel to be out for public consultation soon

Quick Summary:

India's steel sector accounts for about 12% of total greenhouse gas emissions, with an emission intensity of 2.55 tonnes of CO2 per tonne of crude steel compared to a global average of 1.

The ministry of steel is in favour of a second round of the production-linked incentive scheme (PLI).But it’s on the table.

On the roadmap, the steel secretary pointed out that the steel sector had moved “quite ahead.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Iron and steel industry Steel secretary Nagendra Nath Sinha

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-27 @ 17:47:22 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21791625

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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