Latest Green Steel Taxonomy News & Updates

New Delhi, Feb 11 (IANS) Prime Minister Narendra Modi on Wednesday highlighted how carbon capture can power India’s next steel revolution as the country’s guided efforts towards Net Zero 2070 commitment, strategic investments, and hydrogen initiatives drive growth, global competitiveness, and lead the road to a Viksit Bharat.PM Modi referred to an article by Union Steel Minister H.D. Kumaraswamy about India’s iron and steel sector being at a defining moment in its development journey. As t…

New Delhi, Jan 20 (IANS) India’s transition to low-carbon green steel is to remain a gradual, long-term process as cost and technological constraints continue to hinder rapid decarbonisation, a report showed on Tuesday.Over the long term beyond 2030, green steel demand in India is projected to accelerate and will be driven by tightening ESG compliance norms, large end-user industries (automotive, infrastructure, capital goods, etc) striving to decarbonise their supply chains, and policy measur…