This project seeks to reduce greenhouse gas (GHG) emissions by providing technical assistance to small and medium-sized steel rerolling mills in India that will enable them to adopt more energy efficient and environmentally friendly technologies. For capacity building and information dissemination, the Ministry of Steel will establish a center for training, information and capacity strengthening on a sustained basis. It will also develop institutional linkages with energy-service companies for providing off-the-shelf technologies from international equipment vendors. These actions, together with investment support provided by the Banking Sector are expected to result in a transformed and efficient steel re-rolling sector.

Project Details

GEF Project ID
1240
Country
India
Implementing Agencies
United Nations Development Programme
Approval FY
2004
Status
Completed
Region
Asia
Executing Agencies
Ministry of Steel
GEF Period
GEF - 3
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
25,110,000
GEF Project Grant
6,750,000
GEF Agency Fees
564,280

Timeline

Concept Approved
01 May 2003
Project Approved for Implementation
10 Feb 2004
Project Closed
19 May 2015