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It is reported that India is considering the phased implementation of a mandatory "green steel" usage policy within the public procurement sector. 64F225 Non oriented magnetic steel, This initiative aims to leverage the government's massive infrastructure procurement volume to create a stable, large-scale market for low-carbon steel, thereby driving the green transition of the domestic steel industry.
According to a research report published by the Confederation of Indian Industry (CII)—with support from the organization Climate Catalysts—if the government ultimately mandates a minimum requirement of 26% for low-carbon steel in public procurement, India could secure a supply of up to 16 million tonnes of certified green steel by the 2029–30 fiscal year. The report notes that, once this policy becomes mandatory, India's industrial ecosystem will possess the fundamental prerequisites for implementing green public procurement; consequently, the country is expected to establish its first large-scale, secure trading market for low-carbon steel as early as the 2027–28 fiscal year.
Data indicates that the scale of public procurement in India reaches an annual volume of 45 to 50 trillion rupees (exceeding US$500 billion). Of this total, government-led infrastructure and development projects consume approximately 31.6 million tons of steel annually. 64F225 Non oriented magnetic steel, In the 2023/24 fiscal year alone, these steel-intensive activities generated approximately 70 million tons of carbon emissions. The report posits that a transition toward green procurement will serve as a pivotal lever for reducing this substantial carbon footprint.
The research team surveyed 28 steel manufacturers—with a combined annual production capacity of approximately 88 million tons—as well as 12 major government procurement agencies. The findings reveal that the industry holds an open attitude toward the green transition. A staggering 93% of the surveyed manufacturers indicated that they are prepared to supply certified green steel at scale, provided that the government issues clear mandates and establishes corresponding cost-compensation mechanisms. 64F225 Non oriented magnetic steel, The core demands articulated by the manufacturers include compensation for green premiums, exemptions from Value Added Tax (VAT), and carbon credit compensation.
Government agencies have identified four key elements essential for launching green public procurement: First, mandatory administrative directives must be issued at the national level, establishing clear thresholds for procurement quotas; second, standardized tender clauses and monitoring templates must be formulated; third, relevant procurement personnel require specialized training; and finally, during the initial phase of policy implementation, time-bound financial support must be provided.
