16/1/2025, 9:56:03 pm

India's steel ministry seeks $1.7 billion from budget

India's steel ministry is seeking 150 billion rupees from the budget to incentivize low-carbon steel production, part of a broader effort to cut emissions by 2070, with plans to offer incentives for reducing emissions, R&D, and raw material efficiency, and encourage banks to offer lower interest rates on renewable energy loans.