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EXTRAORDINARY
PART I —Section 1
PUBLISHED BY AUTHORITY
No. 342] NEW DELHI, TUESDAY , DECEMBER 24, 2024 /PAUSHA 3 , 194 6
CG-DL-E-26122024-259635
MINISTRY OF STEEL
NOTIFICATION
New Delhi, the 23rd Dece mber , 2024
F. No. 1(6) -2024 -ID-2—The Taxonomy for Green Steel for India is hereby published for general
information -
1. “Green Steel” shall be defined in terms of percentage greenness of the steel which is produced from t he steel
plant with CO 2 equivalent emission intensity less than 2.2 tonnes of CO 2e per tonne of finished steel (tfs).
The greenness of the steel shall be expressed as a percentage, based on how much the steel plant’s
emission intensity is lower compared to the 2.2 t -CO 2e/tfs threshold .
The technical explanation for measuring greenness of the steel produced within a plant is provided in
Appendix I .
2. Based on the greenness , the steel shall be rated as follows:
Five-star green -rated steel : Steel with emission intensity lower than 1.6 t -CO2e/tfs shall be defined as five -
star green -rated steel.
Four -star green -rated steel : Steel with emission intensity between 1.6 and 2.0 t -CO2e/tfs shall be defined
as four -star green -rated steel.
Three -star green -rated steel : Steel with emission intensity between 2.0 and 2.2 t -CO2e/tfs shall be defined
as three -star green -rated steel.
Steel with emission intensity higher than 2.2 t -CO2e/tf s shall not be eligible for green rating.
3. The threshold limit for defining star rating of Green Steel shall be reviewed every three years .
4. The scope of emissions shall include Scope 1, Scope 2, and limited Scope 3, up to finished steel production.
Scope 3 emissions shall include agglomeration (including sintering, pellet making, coke making),
beneficiation, and embodied emissions in purchased raw materials and intermediary products, but shall not
include upstream mining, downstream emissions and transpor tation emissions, both within and outside the
gates of a steel plant.
5. Green star -rating of the steel of the registered steel plant shall be based on emissions incurred till finished
steel production stage with the limited scope -3 as described in Clause -3.
6. The National Institute of Secondary Steel Technology (NISST) shall serve as the nodal agency for
measurement, reporting, and verification (MRV) as well as for issuing greenness certificates and star ratings
for steel.
7. The certificate of green -rated ste el shall specify plant name, embodied emissions at finished steel level,
greenness percentage at finished steel level, star rating of the steel and the quantity.
8. The methodology for emissions MRV, as published by Bureau of Energy Efficiency (BEE) in the document
‘Detailed Procedure for Compliance Mechanism under CCTS’ in July 2024 (as amended up to date of
certification), under Carbon Credit Trading Scheme (CCTS), as notified on 28 June 2023, shall be applicable.
9. Steel plants may register with NISST to o btain greenness certificates and star rating for their products.
10. For registry, a one -time amount of Rs 10,000 shall be charged per Steel Plant by the NISST.
11. For certification, an amount of Rs. 1,000 shall be charged for every 500 tonnes of Finished Stee l certified.
12. The certificate shall be issued on yearly basis (financial year). In case the steel plants opt for MRV more
frequently, then the certificate may be issued more than once in a year as per the requirement.
13. A registry of green -rated steel shall be maintained by NISST.
VINOD KUMAR TRIPATHI , Jt. Secy.
Appendix I
Technical explanation of Green Steel Taxonomy:
Consider that the CO 2 equivalent emission intensity of steel is represented on the y -axis. The lowest end on the axis
(point A), indicated in Figure 1, represents net -zero emissions steel ( E0 = 0). The actual emission intensity of the plant
(Ep) is represented at point B. Point C represents the emission intensity threshold ( Et) considered for defining
greenness of steel. The emission intensi ty threshold is a fixed value of 2.2 t -CO 2e/tfs.
A steel plant with emission intensity ( Ep) lower than the threshold emission intensity ( Et) shall be eligible for a
greenness certification as explained below.
1) If Ep = E0, then the plant can be consid ered to be producing 100% green steel.
2) If Ep>Et, the plant is not producing steel with any greenness.
3) However, if E0<Ep<Et, then the greenness percentage (G%) of plant can be defined as:
As an example, the green steel definition can be explai ned considering a steel plant having a CO 2 equivalent emission
intensity ( Ep) of 2.0 t -CO 2e/tfs. The greenness percentage (%G) of the total steel produced by the plant will be 9.1%
based on the methodology indicated above. Therefore, as per the definition, the steel produced by the said plant will
be 9.1% green.
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