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Tag: Green steel

ACME Group plans to invest ₹5,000 crore to produce green steel 

Posted on October 12, 2025 By admin
ACME Group plans to invest ₹5,000 crore to produce green steel 

Representative image | Photo Credit: Special Arrangement  ACME Group is planning to invest about ₹5,000 crore to establish a 1.2 million tonnes per annum (MTPA) Green Hot Briquetted Iron and Green Direct Reduced Iron (HBI/GRI) facility (phase 1) for the production of green steel, according to people familiar with the development. “Our greenfield facility will…

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Economic Survey 2023-24: Green steel to play key role in low carbon economy globally

Posted on July 22, 2024 By admin
Economic Survey 2023-24: Green steel to play key role in low carbon economy globally

The concept of green steel promotes the production of steel using green energy sources and minimizing the usage of fossil fuels. File (representational image) Green steel will play an important role in reshaping the future of the industry as the world moves towards a low-carbon economy, the Economic Survey for 2023-24 said. The concept of…

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