Sustainable Growth in India’s Steel Sector
G. Mohan Kumar, Secretary, Ministry of Steel, Government of India says the UNDP partnership with the Ministry of Steel and the Australian Agency for International Development (AusAid), will focus on ensuring sustainable growth in the steel sector by demonstrating energy efficient production processes. Mr. Kumar was speaking at the launch of a new project that will upscale energy-efficient production in 300 small-scale units across India.
Improved Energy Efficiency in Steel Re-rolling Sector Results in Higher Profits and more Jobs
Recognizing the success of a Ministry of Steel partnership with UNDP in helping small-scale steel re-rolling units reduce energy consumption by up to 30 percent, a new project will expand this partnership across the country. The scale-up is being supported by the Ministry of Steel, UNDP and the Australian Agency for International Development.
Projects and Initiatives
The project, in partnership with the Government of India and supported by AusAid, aims to upscale energy efficient interventions in the steel re-rolling mills sector and other sub-sectors of the small scale steel industry in India. This will enable mitigation of GHG emissions and lead to improvement in productivity.