Smaller steel firms in India can reduce electricity bills by one-third and cut carbon emissions by adopting renewable energy, which will offer substantial annual cost savings for these companies. For them, joint investments in clean power projects present a practical and viable solution. High costs and regulatory hurdles currently make this essential clean energy transition slow.

Switching to renewable energy can help smaller steel companies reduce electricity costs and cut millions of tons of carbon emissions.

Smaller steel firms in India can reduce electricity bills by one-third and cut carbon emissions by adopting renewable energy, which will offer substantial annual cost savings for…