Green Steel: Path to Zero Carbon Emissions and Economic Growth

Green Steel Summit 2024 Launched by Chief Minister Vishnu Dev Sai

TFP Bureau, Raipur; July 25, 2024: The global shift towards green steel as a solution to climate change challenges is presenting significant economic opportunities for Chhattisgarh, a leading state in steel production. At the Green Steel Summit 2024, held at Mefare Lake Resort in Nava Raipur Atal Nagar, Chief Minister Shri Vishnu Dev Sai emphasized the dual benefits of achieving zero carbon emissions and unlocking economic potential through green steel initiatives.

The summit, organized by the Confederation of Indian Industry (CII), aimed to transition the Indian steel industry towards carbon neutrality. The event saw participation from prominent industrialists and traders nationwide.

Chief Minister Sai congratulated the CII for hosting the summit and highlighted Chhattisgarh’s prominence in steel manufacturing. He noted the presence of major units like the public sector Bhilai Steel Plant and Nagarnar Steel Plant, along with numerous private sector plants.

“Bhilai Steel Plant is the largest in Asia, and Chhattisgarh boasts substantial iron reserves, including Bailadila, Rawaghat, and Dallirajhra. Our state contributes up to 20 percent of India’s total steel production, with industries accounting for 53.50 percent of the state’s economy,” stated Sai.

Addressing the environmental concerns of the steel industry, the Chief Minister praised Prime Minister Narendra Modi’s vision for achieving zero carbon emissions by 2070. He also commended the Union Ministry of New and Renewable Energy’s National Green Hydrogen Mission and efforts to promote solar and green energy in Chhattisgarh.

“This summit is a crucial step towards making the Indian steel industry carbonless. Green steel is not just a concept; it embodies responsibility,” Sai remarked. He urged summit attendees to rapidly adopt new green steel production technologies and foster a healthy competitive environment for collective development.

The summit included discussions on innovative techniques for green steel production, with contributions from leading industrialists and international representatives. CII officials and industrialists such as Mr. Ashish Saraf, Mr. Siddharth Aggarwal, Mr. Suvendra Behera, Mr. Sanjay Jain, and Mr. PV Kiran Anant were present, sharing their insights and expertise on advancing the green steel agenda.

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