20% ethanol blending by 2025-26- Oil minister
时间:2024-06-26 15:56:57 阅读(143)
Oil minister Hardeep Singh Puri on Monday said that petrol mixed with 20% ethanol will be available by 2025, five years ahead of the earlier rollout target of 2030. Currently, 10% ethanol is blended in petrol.
“We have increased the ethanol blending in petrol from 1.53% in 2013-14 to 10.17% in July 2022. This translates into forex savings of Rs 41,500 crore, timely payment of over Rs 40,600 crore to farmers and reduction of 27 lakh tonne in CO2 emissions,” Puri said at a global conference on compressed biogas.
Also read: Godrej Group’s NBFC arm announces new platform Nirmaan to offer these services to MSMEs
The government has notified the National Policy on Biofuels, 2018 to increase usage of biofuels in the energy and transportation sectors of the country.
“Presently, we are importing around 50% of our requirement of natural gas. Speedy expansion of compressed biogas (CBG) will help in meeting our additional requirement from domestic resources,” Puri said, adding that the government has launched Sustainable Alternatives Towards Affordable Transportation (SATAT) initiative to promote the use of upgraded biogas in the form of CBG as alternative green fuel.
The minister said that the country has an ambitious target to set up 5,000 commercial plants by 2024-25 and produce 15 MMT of CBG which would replace other gaseous fuels being used in the country.
Also read: UPI: How peer-to-merchant transactions overtook peer-to-peer in volume; check details
So far, 46 CBG plants have already been commissioned and sale of CBG has started from more than 100 retail outlets, he added.
To create the enabling ecosystem, Puri urged the entrepreneurs, equipment manufacturers, biomass aggregators, technology providers and other stakeholders to join hands for the development of CBG projects and assured them of full government support.
上一篇:Stocks To Watch- Infosys, HUL, IndusInd Bank, Jindal Stainless, Persistent Systems, L&T, TCS
下一篇:Windfall profit tax on crude oil cut; levy on diesel, ATF exports hiked
猜你喜欢
- Birla Estates buys land parcel in South Mumbai to build luxury homes, eyes revenue of more than Rs 600 cr
- Bond yields seen tad lower on marginal borrowing cut; RBI decision key
- Bitcoin rally cools in countdown to US spot ETF decision by SEC
- Stocks gain for fourth day after taxes on fuel cut
- s, especially those with taste changes or dietary limits, to stick with the treatment. In a nutshell, BDENZA ORAL SOLUTION is a simpler, more patient-friendly way to tackle prostate cancer. It can help improving the patient compliance to a great extent,” Dr. Aravind Badiger Director, Technical Formulation said in a statement.
BDENZA ORAL SOLUTION represents a significant advancement in prostate cancer therapy, offering relief and hope to millions of patients worldwide.
“BDENZA represents a paradigm shift in prostate cancer therapy. Its introduction aligns with our relentless pursuit to provide accessible and patient-centric healthcare solutions. This first-of-its-kind oral solution that addresses the challenges faced by many patients, offering convenience, reduced side effects, and a palatable sugar-free taste and affordability,” Raheel Shah, BDR Group Director (Business Development) said in a statement.
- Square Enix to upgrade its organisational structure
- Stocks to Watch- Adani Enterprise, Tata Motors, Infosys, HDFC Bank, Ksolves India
- Biocon Biologics partners with Sandoz for distribution of its biosimilar to treat immune-related diseases in Japan
- Year ender 2023- NEET PG eligibility criteria to lower to zero or not to lower!