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The price of alternative fuel ethanol is Rs 60 to Rs 62 per liter. The price of petrol has gone up to Rs 100 per liter. I have a transportation account. Accordingly, we will soon issue an order for the automotive industry. According to this, in future, there will be no vehicles running only on petrol. You will have a flex-fuel engine. This will allow the citizens to use either petrol or ethanol, said Gadkari.
What is a Flex Fuel Engine?
Flex fuel engines can run on different types of fuel. This engine is generally similar to the internal combustion engine (ICE). Mix fuel is also used in the engine. We can use whatever fuel we want. Brazilian, Canadian and American automakers are developing flex-fuel engines. This gives consumers the option to use 100 per cent petrol or 100 per cent bio-ethanol.
The government has set a target of 20 per cent ethanol blending in the next two years. As a result, the country will not have to rely heavily on expensive crude oil imports. 20 per cent ethanol blended petrol will be sold to oil companies. This rule will come into force from April 1, 2023. At present, the rate of ethanol blending in petrol is only 8.5 per cent, according to the Ministry of Petroleum.
Ethanol is an eco-friendly fuel. Ethanol is a type of alcohol that is mixed with gasoline and used in vehicles. Ethanol is produced from sugarcane.
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The government should consider measures to provide immediate relief to the people from inflation. But it is difficult to implement a solution like Flex Fuel Engine. This is going to take a long time. It can also affect the production cost and prices of new vehicles. Experts say it is difficult for citizens to say when and how effective it will be.
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