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Transformer steel shortage could impact India's energy ambitions: GTRI

By Economic Times - 4 weeks ago
India's power sector faces a 30% shortage of CRGO steel crucial for transformers and electric motors, with domestic production meeting only 10-12% of demand. Import delays and BIS license renewals have exacerbated the shortage. The GTRI urges expedited BIS processes and support for local production to meet rising demand and achieve energy goals.

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