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Tag : steel sector

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SAIL Signs MoU with BHP to Accelerate Potential Path to Steel Decarbonization

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The collaboration will explore strategies to reduce greenhouse gas emissions by the use of alternate reductants such as hydrogen and biochar in SAIL’s blast furnaces. It will also build local research and development capacity to support the transition of the Indian steel industry towards reduced carbon emissions, aligning with global......
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Ministry of Steel signs 57 MoUs with 27 Specialty Steel Sector Companies under PLI Scheme

wirecable
The Ministry of Steel recently signed 57 MoUs with a total of 27 specialty steel sector companies, under the government’s Production-Linked Incentive scheme. Five-year financial outlay of Rs 6322 crore was approved by the Union Cabinet in July 2021, under the Production-linked incentive (PLI) Scheme for specialty steel, to promote......