Central government of India on Thursday announced that methanol policy which calls for 15% blending of methanol in petrol to decrease petrol Price in India.
Union minister for roads Nithin Gadkhari made a statement in parliament on Thursday about the methanol policy 15% blending methanol in petrol Reduce fuel rates and pollution by 2030.
Sources Says that China is making the coal by product for just 17rs per liter itself.
According to Union minister Nithin Gadkhari the companies in and around Mumbai can generate methanol.
Swedish auto major Volvo has got a special engine to the financial capital which runs on methanol and using the locally available methanol, it will be attempting to run 25 buses entirely on the fuel. Total investment opportunity on ethanol alone is Rs 1.50 trillion.
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