Jyotiraditya Scindia discusses ways to incentivise green steel production with various stakeholders
The Hindu
Union Steel Minister Jyotiraditya M. Scindia held a meeting with five task forces and discussed a range of issues, including incentivising green steel production and financing options for decarbonising the industry.
Union Steel Minister Jyotiraditya M. Scindia held a meeting with five task forces and discussed a range of issues, including incentivising green steel production and financing options for decarbonising the industry.
“Key stakeholders, industry experts and government officials attended the meeting to discuss ways to achieve sustainability and decarbonisation in steel production on Thursday,” the Ministry of Steel said in a statement on September 29.
The meeting was also attended by Steel Secretary Nagendra Nath Sinha, chairpersons of the five task forces and other senior officials.
"Held a fruitful discussion with 5 of our 13 task forces. Defined a roadmap to tackle inevitable challenges through a multi-pronged approach, including renewable energy uptake, skill development, incentives, and potential pathways for decarbonisation," the Minister said.
“The task force on Finance, led by Sunil Mehta, the Chief Executive of Indian Banks’ Association, provided valuable insights into financing options for decarbonising the Indian steel industry,” the Ministry said.
The Renewable Energy Transition Task Force, under Aniruddha Kumar, proposed policy drivers to incentivise the adoption of renewable power and measures to attract industries to set up captive renewable power facilities.
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