Petrol & Diesel consumption in India growing by over 5% annually: Pradhan
By TIOL News Service
NEW DELHI, SEPT 09, 2018: THE Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship, Mr Dharmendra Pradhan, yesterday emphasized on a clean, efficient and affordable mobility system. In his opening remarks at the Global Mobility Summit 2018 here, he said that despite changing global trends, consumption of petrol and diesel in India is growing in excess of 5% per annum. Whatever be the scenario of the growth of Electric vehicles, India would still need higher refining capacities. To achieve cleaner emissions, the Minister added, India will leapfrog from BS-IV to BS-VI standards, and the NCT of Delhi has already switched to the better fuel since April this year. Mr Pradhan said the Government has already implemented fuel efficiency norms for commercial heavy vehicles.
Talking about the gas based transportation solutions, the Minister said that the use of CNG, LNG and Bio-CNG is being promoted in the sector, and there are plans in place to have about 10,000 CNG stations within a decade, covering over half of the country. On the issue of promoting LNG as a fuel for long distance transportation by heavy commercial vehicles, Mr Pradhan informed about the efforts being made by Public sector oil companies and some private enterprises in setting up LNG distribution infrastructure. He said that 12 bio-refineries are being set up and steps are being taken to achieve 10% ethanol blending. Soon, Bio-ATF and Bio-CNG policies will be formulated. Indian Oil has tied up with the Delhi Government to introduce 50 Hydrogen enriched CNG buses next year. On the issue of Electric Vehicles, Sh Pradhan said that there are challenges concerning setting up of infrastructure and economy of converting to EVs, and Inter-ministerial teams are working to put in place a comprehensive policy on the matter.
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