Business

SAIL Partners With BHP To Decarbonize Steelmaking In India

The Steel Authority of India Limited (SAIL) announced a collaboration with global resources company BHP on Monday to accelerate decarbonization efforts in the steelmaking sector. This partnership focuses on promoting lower carbon steelmaking technologies, particularly for the blast furnace (BF) route in India.

Commitment to Climate Goals

As the largest government-owned steel producer in the country, SAIL emphasized that this initiative is a crucial step in aligning the steel sector with climate commitments. “The emergent need to align the steel sector with climate commitments is non-negotiable,” stated Amarendu Prakash, Chairman of SAIL. He added, “SAIL is committed to contributing towards tackling climate change by fostering an innovative future for the steel industry in India.”

Exploring Decarbonization Strategies

The two companies will explore several workstreams aimed at supporting decarbonization at SAIL’s integrated steel plants that utilize blast furnaces. An initial study will assess various strategies to reduce greenhouse gas emissions (GHG).

These workstreams will evaluate the potential of alternative reductants for the BF process, such as hydrogen and biochar, while also focusing on building local research and development capabilities to facilitate the transition to a low-carbon economy.

Shared Expertise for Industry Change

“We recognize that decarbonizing this industry is a challenge that we cannot meet alone,” said Rag Udd, BHP’s Chief Commercial Officer. “We must come together to leverage shared expertise and resources to develop technologies that can create real change in carbon emissions both now and in the long term.”

Significance of the Steel Sector’s Emissions

According to a recent report from the Institute for Energy Economics and Financial Analysis, India’s steel sector contributes approximately 12 percent of the country’s carbon dioxide (CO2) emissions. The report highlights various methods to transition from traditional steelmaking processes to low-emission technologies, including the use of green hydrogen, renewable energy, and carbon capture, utilization, and storage technologies. These advancements could involve integrating blast furnaces with basic oxygen furnaces (BOF), direct reduced iron (DRI)-electric arc furnaces (EAF), and scrap-based EAF systems.

Richa Kaushik

Recent Posts

PM Modi To Inaugurate National Conference On Legal Aid Delivery At Supreme Court

PM Modi to inaugurate NALSA conference at Supreme Court, launching module to enhance legal aid…

3 mins ago

Adani’s Kutch Copper And Caravel Minerals Join Forces For Major Australian Copper Project

Adani Enterprises’ Kutch Copper and Australia’s Caravel Minerals sign MoU to accelerate development of a…

15 mins ago

PM Modi Slams Congress, RJD Over Bhagalpur Massacre & Bihar’s Division Politics

PM Modi accused Congress and RJD of dividing Bihar, invoking Bhagalpur massacre and failed governance.

16 mins ago

PM Modi To Flag Off Four New Vande Bharat Trains From Varanasi On November 8

PM Modi to launch four new Vande Bharat trains, boosting connectivity, tourism, and regional growth…

33 mins ago

PM Modi To Launch Year-Long Celebration Marking 150 Years Of ‘Vande Mataram’

PM Modi to inaugurate a year-long nationwide celebration marking 150 years of ‘Vande Mataram’, with…

39 mins ago

PM Modi Urges Women’s Cricket Team To Champion Fit India Movement

PM Modi urged India’s women’s cricket team to promote Fit India and inspire healthy lifestyles…

48 mins ago