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Steel secy: Govt plans ₹5K cr scheme for decarbonisation of steel industry
Millennium Post Delhi
|New Delhi 18September2025
NEW DELHI: The government is working on a Rs 5,000 crore scheme to promote adoption of clean steel-making technologies, thereby reducing carbon emissions, Steel Secretary Sandeep Poundrik said on Wednesday.
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The senior ministry official made the remarks while speaking on the sidelines of the ‘FT Live Energy Transition Summit India’ in the national capital.
“The proposal is under consideration for a National Mission for Sustainable Steel. It is a Rs 5,000 crore scheme,’ he said.
The scheme will cover all steel makers in the country, with 75-80 per cent of the fund earmarked for secondary players, Poundrik said.
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