Industry

IECC research, news and resources on Industry.

Hindustan Times logo over a blurred photo of a steel mill

Can green steel become the next industrial policy success

In Hindustan Times, Anusreeta Dutta argues green steel needs industrial policy, citing IECC's estimate of India's coking coal import exposure.
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BW Businessworld logo over a blurred photo of steel coils

Green Hydrogen Gains Economic Ground Against Coal-Based Steelmaking

IECC analysis projects green hydrogen-based steel could be about $90 per tonne cheaper than new blast furnace plants by 2030, BW Businessworld reports.
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Opinion: India’s steel future depends on breaking its costly coal habit

India's draft steel policy could lock in ~$1.5 tn of coking coal imports. Green hydrogen offers predictable costs, argue Neelima Jain and Amol Phadke.
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India’s Next Energy Efficiency Challenge: Cooling, Flexibility, and Electrification

As India’s energy demand grows, efficiency must become a core part of how the country plans its grid, shapes markets and builds industry.
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Economic and Employment Benefits of Low-Cost and Domestically Produced Clean Energy

India’s clean-energy transition is an industrial, employment, and external-sector strategy, not only a decarbonization agenda. India imports about half of its primary energy and 87% of its crude oil.
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India’s Aviation Opportunity: Turning Agricultural Residue and Low-Cost Solar into Competitive Sustainable Aviation Fuel with Power-and-Biomass-to-Liquids

IECC and Energy Innovation analysis indicates that India can produce power-and-biomass-to-liquids (PBtL) sustainable aviation fuel (SAF) at costs up to 40 percent below prevailing global benchmarks. Two domestic advantages underpin this result: among the lowest green-hydrogen costs observed internationally, and a large, increasingly organised supply of agricultural residue.
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Opinion – Plugging In: Harnessing solar for industrial electrification

India is poised to surpass the US to become the world’s second largest renewable energy market. Indian solar deployments grew 45 GW last year alone, close to Spain’s entire installed solar capacity.
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Minister Piyush Goyal held a meeting with a delegation of experts from the India Energy & Climate Center (IECC)

The conversation covered green-hydrogen-based steel production, strategies to reduce reliance on coking coal imports, the growth of low-carbon export markets, clean power delivery for industry, and India’s potential to become a leading destination for sustainable digital infrastructure.
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Economic Case for Green Steel Production in India

India is the world’s second-largest producer of crude steel, with output of 149 million tonnes in 2024, approximately 8% of global production.
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India’s Green Steel Turning Point

India’s steel sector remains heavily dependent on imported coking coal. India’s next phase of steel expansion would lock the country into more than US$1 trillion in coking coal imports over the life of these assets, with material implications for energy security, foreign-exchange exposure, and export competitiveness.
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The Economic Case for Green Steel Production in India

India's steel sector remains heavily dependent on imported coking coal. Planned expansion of blast-furnace capacity to approximately 180–195 MTPA by 2030–31 would lock in over $1 trillion in coal imports over a 40-year asset life, deepening India's energy import dependence, foreign-exchange exposure, and vulnerability to carbon border measures in export markets.
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Opinion: Ultra-cheap solar and storage can save Indian industry from the Iran war’s chokehold

New research shows electrified industry powered by low-cost clean energy can cut costs, slash pollution, and save lives.
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