India’s small steelmakers could save money and cut emissions with switch to renewable power

A report found that smaller steel companies could cut electricity bills by up to 34% and significantly reduce carbon emissions by switching to renewable energy. The most practical option suggested for small producers is jointly investing in and owning a clean power project via a cluster-based approach. This shift is deemed essential both for meeting India's net-zero emissions goal by 2070 and shielding companies from potential European carbon taxes.