Clean technologies no longer a choice but a necessity for steel industry: Minster Kumaraswamy

Adopting low-carbon emitting technologies to produce green steel is no longer a choice but a necessity, Union Minister HD Kumaraswamy said as he emphasized on the urgency for taking steps towards decarbonisation. The Minister for Steel made the remarks addressing ‘Big Mint Future Steel Conclave' organised with a focus on innovation and usage of emerging technologies in the steel sector.

The green steel taxonomy is shaping up well to provide clear guidance and incentives. Green steel and clean technologies are no longer a choice but a necessity, the minister said in a virtual address on Wednesday. "Under the visionary leadership of Prime Minister Narendra Modi our steel industry is on a fast track with the bold target of reaching 300 million tonnes capacity by 2030. Our commitment is not only expansion but also sustainability in line with our net zero by 2070 pledge," Kumaraswamy said.

In December 2024, the government came out with the definition of Green Steel and urged the industry to take measures to bring down carbon emissions below the level of 2.2 tonnes on per tonne of finished products.