India can achieve its 5 MMT target through blending, strategic sector selection and leveraging public procurement, Bain & Company, CII and Rocky Mountain Institute say in the report
AM/NS India's management said the approach will include expanding steel production capacity to around 15 million tonnes per annum (MTPA) from the current 9 MTPA, along with expanding its scrap production facilities.
Jindal said that the Salav plant will initially use natural gas injection in the blast furnace, with plans to transition to green hydrogen at a later stage. “The plant’s carbon emissions will be reduced to one-fifth of current levels,” Jindal said.
Injection of hydrogen in blast furnaces helps reduce consumption of coal in the production process, thereby reducing a company's carbon footprint.
The scheme aims to replace fossil fuels and fossil fuel-based materials with eco-friendly Green Hydrogen and its derivatives.
Green steel is a variety manufactured without the use of fossil fuels. It is produced by using low-carbon energy sources such as hydrogen, coal gasification or electricity rather than coal-fired plants.
The government is considering mandating the use of 'green steel' in government projects and is also in discussion with steel manufacturing companies to dedicate a portion of their production to make green steel.
The supply to Ford will be initiated after Tata Steel's plant in the Netherland's IJmuiden switches to green hydrogen-based steelmaking
Coal-fired steel plants are one of the largest industrial sources of CO2 pollution. Companies mandated to reduce their carbon footprint are looking at using low-carbon energy sources such as hydrogen, coal gasification or electricity to produce steel.
Koushik Chatterjee is a steel industry veteran with decades of deep experience in the sector as part of the top leadership team of global steel giant Tata Steel. Koushik is now very active on Tata Steel’s sustainable steel strategy and is a key participant at various global forum on climate consciousness. In this video, he talks about the long road ahead to achieve environment friendly steel. He says: - De-carbonisation tech has not yet evolved to the level needed for steel industry - Indian steel cos with high carbon emission have to bear the transitionary cost - Tata Steel’s European prices will improve, India steel price will hold in the present quarter