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India's Steel Expansion Plans Risk Net Zero Emission Goals by 2070

Analyzed 12 sources • 13h ago • Saved 40 min • Updated 0m ago
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#Net-Zero Target#Financial Performance#Jsw Steel#India#Indian Bonds#Climate Finance#Coal-Based Production#Net Zero#Steel Production#Net-Zero Emissions#Green Bonds#Net Zero Emissions#Steel Industry

India's Steel Expansion Plans Risk Net Zero Emission Goals by 2070

Cat Icon 990+ Words Refined into 7 Facts by AI • 7 sources • 13h ago
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India's Steel Expansion Faces Financial Risks

Cat Icon 366+ Words Refined into 2 Facts by AI • 2 sources • 2h ago
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    • India's steelmaking capacity under development totals 258 million metric tons annually.
    • Experts warn of $124 to $187 billion stranded asset risks.
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JSW Steel Sees Production Growth Amid Profit Challenges

Cat Icon 672+ Words Refined into 8 Facts by AI • 1 source • 2h ago
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    • JSW Steel reported a 5% increase in crude steel production
    • Production reached 23.23 lakh tonnes in November 2024
    • Indian operations saw a 7% rise in production
    • Capacity utilization for Indian operations was 94%
    • JSW Steel USA's production decreased to 0.70 lakh tonnes
    • Net profit fell by 85.43% to Rs 404 crore
    • Total revenue declined by 10.90% to Rs 39,684 crore
    • Stock price rose by 0.65% to Rs 1,019.25
Related Update: 51 mins later

India's Green Bonds: Funding Net-Zero Goals

Cat Icon 1482+ Words Refined into 10 Facts by AI • 1 source • 1h ago
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    • The Indian government is focusing on green bonds for net-zero emissions.
    • India needs approximately $12.7 trillion for its emissions target.
    • Global green bond issuance surpassed $500 billion in 2023.
    • India issued its first sovereign green bond worth Rs 8000 crore in January 2023.
    • Green bond market in India is underdeveloped with $21 billion total issuances.
    • Private sector led green bond issuances with 84% share.
    • Weak demand in recent auctions, only Rs 1502 crore accepted from Rs 5000 crore.
    • Foreign investment in Indian green bonds is muted.
    • Government exploring tax incentives to stimulate interest.
    • Policymakers considering longer tenures for green bonds.
Related Update: 1 hours later

India's Steel Expansion Risks $187 Billion Stranded Assets

Cat Icon 654+ Words Refined into 5 Facts by AI • 1 source • 0m ago
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    • India risks accumulating $187 billion in stranded assets.
    • India has the world's largest pipeline of 258 million tonnes steelmaking capacity.
    • Over 87% of ironmaking capacity depends on coal.
    • Steel sector emits over 240 million tonnes of CO2 annually.
    • Khadeeja Henna: 'build now, decarbonize later' could backfire.

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