Scrap-EAF vs BF-BOF: The Reline-Retire-Retool Decision Every Indian Steel CFO Must Make | Reclimatize.in

India’s blast furnace fleet has an average age exceeding 20 years. Every blast furnace reaching the end of its campaign faces a three-way decision: reline at Rs 800–1,200 crore and run for another 12–15 years of BF-BOF production, retire without replacement, or retool toward an EAF-based steelmaking route. At current CBAM costs, coking coal prices, and CCTS GEI trajectories, the financial arithmetic of this decision has shifted materially since 2022. This article maps the full cost comparison.

Scrap-EAF vs BF-BOF: The Reline-Retire-Retool Decision Every Indian Steel CFO Must Make | Reclimatize.in Read More »

India’s Climate Finance Taxonomy: Which Industrial Assets Qualify and What CFOs Must Do Before Finalisation | Reclimatize.in

India’s Climate Finance Taxonomy released in draft in May 2025 and under consultation defines which economic activities and assets qualify for green and transition finance labelling in India. For CFOs at steel, aluminium, and fertiliser companies, the taxonomy determines access to sovereign green bond proceeds, sustainability-linked lending terms, and eventual alignment with the global sustainable finance architecture. The draft thresholds are more demanding than many industry participants anticipated. This analysis maps exactly which production routes qualify, which are excluded, and what asset-level actions enable taxonomy eligibility.

India’s Climate Finance Taxonomy: Which Industrial Assets Qualify and What CFOs Must Do Before Finalisation | Reclimatize.in Read More »

India’s Pumped Hydro Storage: What CERC’s 3× REC Multiplier Means for 24×7 Renewable Power and Industrial Decarbonisation | Reclimatize.in

The CERC First Amendment of March 2026 awarded pumped hydro storage a 3× REC multiplier — making storage-backed renewable energy three times as valuable in RCO compliance terms as standard solar or wind generation. Combined with India’s 27 GW of pumped hydro under development, this signals a fundamental shift in how industrial consumers will access firm, 24×7 renewable power. The implications for aluminium smelters, steel plants, and fertiliser units running on coal captive power are profound.

India’s Pumped Hydro Storage: What CERC’s 3× REC Multiplier Means for 24×7 Renewable Power and Industrial Decarbonisation | Reclimatize.in Read More »

India’s Green Steel Taxonomy: What Gazette Notification 763E Requires and How Producers Qualify | Reclimatize.in

India’s Green Steel Taxonomy notified under Gazette Notification 763E establishes four emission intensity thresholds that define what counts as green steel in Indian policy and procurement. The taxonomy sets the framework for the BIS green steel certification standard, the government’s green procurement mandate, and the eventual linkage to green bond eligibility under India’s sovereign green bond framework. This analysis maps the four tiers, the measurement methodology, and what steel producers need to do to qualify.

India’s Green Steel Taxonomy: What Gazette Notification 763E Requires and How Producers Qualify | Reclimatize.in Read More »

Regulations

Regulations · Reclimatize · India’s Industrial Decarbonisation Regulatory Repository REGULATORY REPOSITORY NEW DELHI 5 MINISTRIES · 9 THEMATIC SECTIONS · 30+ REGULATIONS Reclimatize Industrial Decarbonisation Intelligence  ·  India SECTORS: STEEL · ALUMINIUM · CEMENT · FERTILISERS · FREIGHT · POWER & CARBON 111 ARTICLES PUBLISHED · UPDATED ₹ · INR Menu ☰ Home India’s Decarb

Regulations Read More »

Scroll to Top