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Tuesday, January 31, 2023

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Relief from rising petrol prices; A big decision of the central government

An alternative solution to the ever-increasing prices of petrol

Mumbai: Rising petrol prices have hit consumers hard. It has been repeatedly observed that the government has no control over the rising price of petrol. This is because petrol-diesel prices are fixed in the international market. Therefore, the government cannot take any decision on the price of petrol-diesel. But the government has an alternative solution. Petrol will be replaced by a fuel with very low rates. So this fuel is called ethanol.

In the next 8 to 10 days, the central government will take a big decision on flex-fuel engines. Such engines will be made mandatory for the automobile industry. Flex Fuel is Flexible Fue. According to Roads and Transport Minister Nitin Gadkari, the alternative fuel will cost between Rs 60 and Rs 62 per liter.

Now that petrol has gone up to Rs 103, ethanol is said to be the best fuel. Using ethanol fuel will save petrol consumers Rs 30-35. Nitin Gadkari said, “I am the transport minister. I have issued orders to build not only petrol engines but also flex-fuel engines.” So customers will now have two options.

One is that they can use 100 percent crude oil. Or 100 percent ethanol. Gadkari further said, “Vehicle companies in Brazil, Canada and the United States produce flex fuel. In these countries, consumers are being offered the option of 100 per cent petrol or 10 per cent bio-ethanol. ‘

Recently, Prime Minister Narendra Modi said, “The target was to mix 20 per cent ethanol with petrol to reduce pollution and reduce dependence on imports. Last year, the government set a target of mixing 10 per cent ethanol in petrol by 2022 and 20 per cent ethanol by 2030.”
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