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India is set to recalibrate greenhouse gas emission targets for steelmakers after errors were discovered in the earlier calculations used to assign company-wise goals. A senior government official told that the Ministry of Steel is re-examining the benchmarks issued under the new emission compliance framework and will revise them where required.
The targets form part of a broader scheme that mandates emission intensity reductions for 253 entities across carbon-intensive sectors, including iron and steel, with performance linked to a carbon credit trading system overseen by the Bureau of Energy Efficiency (BEE). Facilities that beat their targets can earn tradeable carbon credit certificates, while those that fall short must buy credits or pay penalties.
Officials indicated that the recalibration is intended to correct technical mistakes, ensure fairness across plants of different sizes and technology levels, and keep the programme aligned with the decarbonisation pathway outlined in the National Steel Policy 2017. That policy aims to bring blast furnace route emissions down to 2.2–2.4 tonnes of CO₂ per tonne of crude steel by 2030, compared with a domestic industry average of around 2.5 tCO₂ today.
Industry participants are awaiting clarity on the revised numbers but broadly expect the compliance scheme to remain a central pillar of India’s steel decarbonisation strategy.
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