**Summary:**
The Ministry of Steel introduced a Green Steel Taxonomy to define "Green Steel" and incentivize steel industries to adopt energy-efficient technologies and non-fossil fuels (e.g., renewable energy) in production. This initiative aims to promote sustainable investments within the steel sector. The taxonomy's development involved consultations with various stakeholders. Steel plants meeting the emission intensity levels outlined in the taxonomy are eligible for Green Steel Certificates. The National Institute of Secondary Steel Technology (NISST), a training institute under the Ministry of Steel, serves as the nodal agency for Measurement, Reporting, and Verification (MRV) and is responsible for issuing Green Steel Certificates and star ratings. As of July 29, 2025, 39 iron and steel producers have applied for Green Steel Certificates. The policy seeks to reduce carbon intensity in steel production and increase the global competitiveness of the Indian steel industry.
Key Entities Referenced
Green Steel Taxonomy: A system defining Green Steel and providing a framework for encouraging green steel production through energy-efficient technology and non-fossil fuels.
Ministry of Steel: The Indian government ministry responsible for the steel sector.
SHRI BHUPATHIRAJU SRINIVASA VARMA: The Minister of State in the Ministry of Steel.
National Institute of Secondary Steel Technology NISST: A training institute under the Ministry of Steel, serving as the nodal agency for Measurement, Reporting, and Verification (MRV) and issuing green steel certificates and star ratings.
SHRI SURESH KUMAR KASHYAP: Member of Parliament who raised a question about the Green Steel Taxonomy.
SHRI BIBHU PRASAD TARAI: Member of Parliament who raised a question about the Green Steel Taxonomy.
SHRI P P CHAUDHARY: Member of Parliament who raised a question about the Green Steel Taxonomy.
India: Refers to the country where major steel producers are aligning their processes and technologies to meet the emission norms of the Green Steel Taxonomy.
GOVERNMENT OF INDIA
MINISTRY OF STEEL
LOK SABHA
UNSTARRED QUESTION NO. 1418
FOR ANSWER ON 29.07.2025
OBJECTIVES OF GREEN STEEL TAXONOMY
1418. SHRI SURESH KUMAR KASHYAP:
SHRI BIBHU PRASAD TARAI:
SHRI P P CHAUDHARY:
SHRI DAMODAR AGRAWAL:
SHRI CHINTAMANI MAHARAJ:
SMT. SHOBHANABEN MAHENDRASINH BARAIYA:
SHRI DINESHBHAI MAKWANA:
SHRI YADUVEER WADIYAR:
Will the Minister of STEEL be pleased to state:
(a) the key objectives of the Green Steel Taxonomy, the manner in which the said
system sets standards for low-carbon steel production;
(b) the response received from the stakeholders to the said pioneering structure as a
driver of sustainable investments in the steel sector;
(c) the manner in which the major producers of India have aligned their processes and
technologies to meet the emission norms of the said taxonomy; and
(d) the details of the early achievements or indicators which show progress towards
the taxonomy's goals of reducing carbon intensity and increasing global
competitiveness?
ANSWER
THE MINISTER OF STATE IN THE (SHRI BHUPATHIRAJU SRINIVASA VARMA)
MINISTRY OF STEEL
(a)to(d): The objectives of Green Steel Taxonomy is to define the ‘Green Steel’
and to develop a framework for encouraging steel industries to produce green steel,
by adopting energy efficient technology and non-fossil fuel, for example, renewable
energy etc. It was finalized after having series of consultations and deliberations with
various stakeholders. Green Steel Certificates will be issued to those plants whoever
apply and meet the emission intensity level as per Taxonomy of Green Steel. National
Institute of Secondary Steel Technology (NISST), a training institute under Ministry of
Steel, is the nodal agency for Measurement, Reporting, and Verification (MRV) as well
as for issuing green steel certificates and star ratings for steel. Till now, 39 iron and
steel producers have applied for green steel certificates.
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