KALYANI FeRRESTA:
India’s first Green Steel brand
• Context: Union Steel Minister, Jyotiraditya Scindia recently launched India’s first Green Steel Brand “KALYANI FeRRESTA” in New Delhi.
Key Highlights • 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 carbonemitting ‘hard to abate sector’ to a reduced carbon emitting-green steel-producing industry.
• The steel industry produces 7 % of CO2 emissions internationally. • Green steel is manufactured using low-carbon energy sources such as hydrogen, coal gasification and electricity instead the widely used coking coal.