New Delhi, July 23 (IANS) The Union government told the Parliament on Thursday that no decision has been taken so far to increase ethanol blending with petrol beyond 20 per cent. Any future decision regarding higher ethanol blends will be taken only after detailed scientific and technical studies and consultations with all relevant stakeholders, including automobile manufacturers, oil marketing companies and research institutions.However, E85 fuel (containing 85 per cent ethanol and 15 per cent …
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New Delhi, July 20 (IANS) The government has not taken any decision to increase ethanol blending in petrol beyond the current 20 per cent level, and any future move will be based on detailed scientific studies and consultations with stakeholders, Minister of State for Petroleum and Natural Gas Suresh Gopi informed the Rajya Sabha on Monday.In a written reply, Gopi said no decision has so far been taken to raise the ethanol blending target beyond E20.“Any proposal to increase the blending level…
New Delhi, July 10 (IANS) India’s ethanol blending programme did not begin under the present government, and the initiative has a long institutional history and milestones, the Petroleum Ministry said on Friday, adding that the transition from E10 to E20 ethanol blending was not based on assumptions, but on years of testing, manufacturer consultations and field experience.“A pilot ethanol blending programme was launched in 2001, formally announced in 2004, and E5 (5 per cent ethanol blending) …
New Delhi, July 2 (IANS) Consumers expecting a reduction in petrol and diesel prices may have to wait longer, as Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday said there is no justification for lowering retail fuel prices at this stage.Addressing the issue of fuel pricing, Puri said petrol and diesel prices have remained largely stable despite significant fluctuations in global crude oil markets.He noted that petrol prices have increased by only 5.58 per cent over the p…
New Delhi, July 1 (IANS) Opposition leaders on Wednesday took a jibe at the Bharatiya Janata Party (BJP)-led Central government after its decision to reduce the price of 19-kg commercial LPG cylinders, calling it a “favour” similar to “taking away someone’s eyes and then donating glasses”.The reactions came after state-owned Oil Marketing Companies (OMCs) reduced the price of 19-kg commercial LPG cylinders by up to Rs 183.5 across major cities, effective from July 1, providing relief to restaura…
New Delhi, July 1 (IANS) Shopkeepers in the national Capital on Wednesday welcomed the government’s decision to reduce the price of 19-kg commercial LPG cylinders, saying the move would bring much-needed relief to businesses already burdened by rising costs.Following the reduction in rates, traders said the cut would ease operational expenses for small establishments, particularly in the food and hospitality sector.Speaking to IANS, a shopkeeper said, “It is a very good decision that the pri…
New Delhi, July 1 (IANS) State-owned oil marketing companies (OMCs) have reduced aviation turbine fuel (ATF) prices by nearly Rs 5 per litre, effective from Wednesday, following a decline in international crude oil prices after easing geopolitical tensions in West Asia.According to the latest price notification, the price of jet fuel in Delhi has been cut to about Rs 110 per litre, coming into effect from July 1.The latest price cut is expected to lower operating costs for domestic carriers, alt…
New Delhi, June 25 (IANS) In a major relief to industrial and commercial LPG consumers, the government on Thursday removed all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.The restrictions have been lifted due to improved indigenous LPG production and the projected availability of imported LPG cargoes following the US-Iran peace agreement and the opening of the Strait of Hormuz, according to a statemen…
New Delhi, June 23 (IANS) The Ministry of Petroleum and Natural Gas on Tuesday reiterated that the country’s Ethanol Blending Programme for petrol is scientifically validated and continuously monitored by the Union government. “The Union government has noted certain misleading and unsubstantiated claims being circulated on social media regarding Ethanol Blended Petrol (EBP), which appear to be aimed at confusing and misleading the public,” the statement said.It has also been observed that old im…
New Delhi, June 18 (IANS) A decline in global crude oil prices does not automatically translate into an immediate reduction in petrol and diesel prices in India, Minister of State for Petroleum & Natural Gas and Tourism Suresh Gopi said on Thursday.Gopi told reporters that several factors influence domestic fuel pricing, including the time required for crude oil purchased at lower rates to reach India.He said the recent increase in fuel prices cannot be rolled back instantly merely because i…