decarbonisation

Steel ministry draws up Rs 23.52 lk cr proposal for decarbonisation – ET Infra

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India will need to invest $ 283 billion (approximately ₹23.52 lakh crore) for decarbonising existing local steel production. This, along with tapping Energy Efficiency Revolving Funds (EERF) and defining what should be ‘green steel’ are parts of a comprehensive decarbonisation strategy devised by the steel ministry. The plan, officials say, will focus on increasing renewable […]

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UK allocates funds to support Tata Steel’s decarbonisation – ET Infra

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The British government said it has begun supporting those affected by Tata Steel UK’s decarbonisation process with the release of an initial GBP 13.5 million of funding, also available to affected workers for them to retrain or acquire new skills for the employment market. In a statement from the Wales Office on Monday, the government

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JSW Steel to spend $1 billion on decarbonisation, aims net neutral by 2050 – ET Infra

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JSW Steel plans to invest $1 billion across its operations to cut carbon emissions, aiming to become net neutral on emissions by 2050. India has committed to become net neutral on carbon emissions by 2070. In its first phase by 2030, the country’s largest steel-maker intends to cut its emissions to 1.95 tonnes of CO2

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2,500 job cuts! Layoffs in Tata Steel’s UK operations inevitable, says CEO Narendran – ET Infra

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Loss of jobs for around 2,500 workers at Tata Steel’s operations in the UK, which are in a transition phase, is “inevitable”, the company’s CEO T V Narendran said. Fear of job losses has attracted criticism of the workers’ unions and they are continuously protesting against the company in the UK. India-based Tata Steel owns

2,500 job cuts! Layoffs in Tata Steel’s UK operations inevitable, says CEO Narendran – ET Infra Read More »

Ministry forms 13 task forces for decarbonisation of steel sector – ET Infra

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The steel sector has adopted the best available technologies globally, in the modernization and expansions projects. The Ministry of Steel has constituted 13 task forces with the engagement of industry, academia, think tanks, S&T bodies, different ministries and other stakeholders to discuss, deliberate and recommend upon decarbonisation of the steel sector. The Task Force on

Ministry forms 13 task forces for decarbonisation of steel sector – ET Infra Read More »

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