India first Green Steel Brand “KALYANI FeRRESTA”

• Union Steel Minister, Jyotiraditya Scindia has launched India’s first Green Steel Brand “KALYANI FeRRESTA” in New Delhi. 

• This first-of-its-kind steel has been manufactured by a Pune-based Steel company, Kalyani group by using renewable energy resources, leaving zero carbon footprints in the environment.

• The Kalyani Group initiative will help transform the steel sector’s long-standing identity as a carbon-emitting ‘hard to abate sector’ to a reduced carbon emitting-green steel-producing industry.

• The steel industry produces 7 per cent of CO2 emissions internationally, while the Indian steel industry accounts for 12 per cent of such emissions. 

• Green steel is manufactured using low-carbon energy sources such as hydrogen, coal gasification and electricity instead the widely used coking coal. 

• The company avoided 76,484 total carbon dioxide emissions, reduced water consumption by 10 per cent and recycled 99.4 per cent of its waste.