Ø Launches 20% ethanol blended petrol in 11 states/UTs
Bengaluru: Prime Minister Narendra Modi on Monday said that India’s striving towards green growth and energy transition reflects its values.
“Circular economy is part of life in the country. Reuse, recycle are our etiquettes,” he said.
He was addressing the international delegation after inaugurating the India Energy Week at the Bengaluru International Exhibition Center (BIEC).
“Bengaluru reverberates with technology, talent and innovation energy. Like me, you can also experience the youthfulness of the city. India is one among the strong voices in vouching for innovation of new energy sources and energy transition,” he said.
“In spite of the pandemic, war in 2022 India has been a global bright spot. When external circumstances were handled, all challenges were faced with internal resilience. Multiple factors helped India aided by a stable and decisive government. Secondly, sustained resources and thirdly socio and economic development at the grassroots level helped,” he underlined.
“Crores of poor people have been lifted from poverty to the middle class. The quality of life has changed in India. The country will have the biggest aspirational class which wants better products, better services and better infrastructure,” PM Modi stated.
PM Modi said that the International Energy Association has predicted that by this decade, India’s energy demands will be the highest in the world. “For all investors, stakeholders in the energy sector, India is a new opportunity,” he added.
The Prime Minister also explained that the efforts are being made to realize the vision of one nation-one grid in connection with the energy sector.
PM launches 20% ethanol blended petrol in 11 states/UTs
Prime Minister Narendra Modi on Monday rolled out petrol, blended with 20 per cent ethanol, at select petrol pumps in 11 states and Union Territories as part of a programme to increase use of biofuels.
The programme aims to reduce emissions and dependence on foreign countries. Authorities say that presently, 10 per cent ethanol is blended in petrol and it is aimed to double ethanol quantity by 2025.
PM Modi, after launching 20 per cent ethanol-blended petrol, stated that the use of ethanol has been increased in petrol from 1.5 per cent in 2014 to 10 per cent and it is now progressing to 20 per cent.
At first, 15 cities in the country will be covered and in the coming two years, 20 per cent ethanol blended petrol pumps will be expanded throughout the country. The country saved Rs 54,894 crore by reducing fuel import by 10 per cent.
Ethanol-20 (petrol with 20 per cent ethanol) will be available at 84 petrol pumps in 11 states and Union Territories.
Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that India achieved blending of 10 per cent ethanol in petrol five months prior during June 2022, and now, 20 per cent ethanol blended petrol is delivered on pilot basis ahead of schedule.