About $1.2 trillion coal import risk puts India at steel crossroads: IECC report
India’s planned expansion of steelmaking capacity could lock the country into nearly $1.2 trillion in coking coal imports and 19.5 gigatonnes of carbon dioxide emissions over the next 40 years, even as green steel production becomes cost competitive by 2030, according to a new report.
Green steel can help India avoid over Rs 100 lakh cr coal imports: study
The Indian steel industry can break away from its dependency on coal and cut imports of more than Rs 100 lakh crore (current dollar rates) over the next 40 years if it shifts to green hydrogen, says a new study.