About 150 mills have stopped operations, while another 50 have reduced output as local steel prices hover near five-year lows. Almost half of India’s steel output flows from smaller units
Published by Penguin India, 'Doctor Steel,' by J.J. Irani, will be released on 23 November on SoftCover, ThePrint’s online venue to launch non-fiction books.
If the two billion metric tons of crude steel produced globally every year were green steel, it would substantially cut emissions for all those industries dependent on steel.
A report by Indian Council for Research on International Economic Relations presents policy options for India to meet growing steel demand while adopting carbon-reducing practices.
Emissions from India’s steel industry are projected to more than triple to 837 million tons over the next 30 years as demand for the alloy more than quadruples.
India currently has 977 steel plants and is one of the few brights spots for demand globally as PM Modi's govt rolls out a plan to spend about $1.5 trillion to upgrade infrastructure.
Steel is responsible for about 7% of global emissions but even today the sector is mostly shielded from having to buy carbon pollution permits in Europe.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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