India is the second largest steel producer in the world with the steel production of 111 MT (in 2019) after China. India’s target is to produce 300 MT of steel by 2030. Sometime back, National Mission for Enhanced Energy Efficiency (NMEEE) had chosen eight energy intensive sectors such as Thermal Power Plants, Iron & Steel, Cement, Fertilizer, Aluminium, Pulp & Paper, Textile and Chlor-Alkali in order to improve the energy efficiency. Among various sectors, Iron & Steel was the second most important contributors in terms of energy savings after Thermal Power Plants. There are four different process path followed by Indian Iron and Steel Industries – Blast Furnace – Basic Oxygen Furnace, Smelt reduction – Basic Oxygen Furnace / Electric Arc Furnace and Direct Reduced Iron – Electric Arc Furnace / Induction Furnace. Benchmarking in Iron and Steel Industry carried out in terms of specific energy consumption (SEC) at Global and India’s level. Best specific energy consumption of various process flow path was computed by adding the best SEC in individual sections where best practices on energy saving are implemented and it is not related to a single plant. Key energy saving technologies available in terms of Productivity, Quality, Cost, Delivery, Safety, Moral & Environment and their payback period are discussed. Two success stories of reduction in specific energy consumption, one in mini steel plant and other in large integrated steel plant are presented. Trends of coke rate, energy intensity and GHG emission of two large integrated steel plants are discussed. The plans made by large integrated steel plant to reduce energy and GHG emission in next ten years are also discussed.