Governance Now Masterminds

Oil marketing companies want to procure compressed bio gas

IOCL has launched awareness programmes on sustainable alternative towards affordable transportation initiative

GN Bureau | December 18, 2018


#affordable transportation   #IOCL   #Oil marketing companies   #SATAT initiative  

State-run oil marketing companies (OMCs), Indian Oil Corporation Ltd., Bharat Petroleum Corporation Ltd. and Hindustan Petroleum Corporation Limited recently organised a roadshow in Pune aware on public on SATAT (sustainable alternative towards affordable transportation) initiative launched by petroleum minister Dharmendra Pradhan.

 
As part of SATAT initiative, OMCs are inviting expression of interest to procure compressed bio gas (CBG) from potential entrepreneurs and make it available in the market for use as automotive fuel. It envisions establishment of 5,000 CBG plants pan-India with an estimated production of 15 million tonnes per annum by 2023.
 
The innovative SATAT initiative is a push to boost availability of more affordable transport fuels, better use of agricultural residue, cattle dung and municipal solid waste as well as to provide an additional revenue source to farmers.
 

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