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CNG stations to triple in NCR: Petroleum minister

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New Delhi: The government plans to triple the current CNG stations in the national capital region (NCR) for boosting use of the clean fuel, Petroleum Minister Dharmendra Pradhan said here on Monday.

“We have a scheme to triple the number of CNG stations in the national capital region as part of a scheme for a Green Energy Corridor being drawn up for implementation in the next two years,” Pradhan told reporters here on the sidelines of a petroleum ministry organised seminar on “Bio Fuel Programme in India-The Way Forward”.

“The green corridors being planned would go along in all four directions from Delhi, to Jaipur, to Chandigarh, to Haridwar and to Agra. There will be many more CNG stations en route,” he said.

“Other such corridors being envisaged are the ‘triveni’ of Allahabad, Kanpur and Lucknow and Mumbai-Pune in the west. A Hyderabad, Andhra Pradesh southern corridor is very much a possibility. Andhra Pradesh is showing great interest, while Bengaluru has already started laying CNG pipelines,” he added.

CNG_propelled_radio_taxiDescribing “clean energy as gas-based energy”, Pradhan said bio-fuels would contribute to the composition of the green energy corridors.

Lamenting that the government’s 2012-mandated ethanol blending program had not managed even 3 percent blending of petrol and with bio-diesel yet to take off, he said that it is to encourage ethanol that the government had earlier decided to link its price to sugarcane by fixing a procurement rate of Rs.48.50-49.50 per litre.

The Indian Sugar Mills Association had lauded the move, saying that five percent ethanol blending will save foreign exchange to the tune of $800 million.

Addressing the workshop, former head of the Council of Scientific and Industrial Research (CSIR) R.A.Mashelkar called for a concerted development of next generation bio-fuels for India’s energy security.

“With the public good nature of both energy security and environment in this case, market forces alone cannot drive innovation,” said Mashelkar, who is currently chancellor of AcSIR, Pune and on the board of Reliance Industries. (IANS)

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Hindustan Petroleum Corp (HPCL) to resume work on Rajasthan Oil Refinery

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Hindustan Petroleum (representational Image), Wikimedia

New Delhi, April 17, 2017: State-run oil marketer Hindustan Petroleum Corp (HPCL) on Monday announced its decision to resume work on its Rajasthan oil refinery.

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“Hindustan Petroleum Corporation Ltd. Board at its meeting held on April 17, 2017 has approved resumption of Rajasthan Refinery Project and signing of revised MoU with the Government of Rajasthan for implementation of the project,” the company said in a stock exchange filing, without providing further details.

In March 2013, the HPCL board had approved setting up of the complex at a cost of Rs 37,320 crore, and the company had signed an MoU with the Rajasthan government for setting up the refinery-cum-petrochemical complex in the Thar desert.

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 Petroleum Minister Dharmendra Pradhan had announced earlier this month that the fiscal incentives for the project had been revised.

“The fiscal package negotiated by the previous (Congress) government had put a big burden on Rajasthan. Now, that has been balanced,” he had said. (IANS)

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