Dharmendra Pradhan: India to see Rs 10,000 crore funding in LNG stations | India Enterprise Information

NEW DELHI: India will see an funding of Rs 10,000 crore within the subsequent three years in organising of LNG stations, a gasoline that guarantees to revolutionalise long-haul transport with diminished price and lesser emissions, oil minister Dharmendra Pradhan mentioned on Thursday.
Liquefied pure fuel (LNG), which is supercooled pure fuel, is favoured by long-haul buses and vehicles on account of its greater vitality density than CNG, its capacity to provide a 600-800 km run on a single fill, and it being 30-40 per cent cheaper than diesel.
Up to now, India makes use of petrol, diesel, CNG and auto-LPG as fuels to run vehicles. LNG is a brand new gasoline that may be distributed from shops much like petrol pumps, and is used not simply in lengthy long-haul buses and vehicles but in addition in working mining gear, as bunker gasoline, and rail locomotives.
LNG will scale back the price of operation in addition to scale back carbon emissions, Pradhan mentioned on the launch of building of the primary 50 LNG dishing out stations.
“Within the subsequent three years, Rs 10,000 crore will probably be spent on organising of 1,000 LNG stations within the personal and public sector,” he mentioned.
LNG as a gasoline, he mentioned, is poised to carry a transformational change in the best way transportation occurs.
“There are round 10 million vehicles within the nation. If we’re capable of convert even 10 per cent of them (10 lakh), think about the financial savings it’s going to carry contemplating the truth that LNG is as much as 40 per cent cheaper than diesel,” he mentioned.
LNG as a gasoline has nearly zero carbon emissions and 85 per cent lesser NOx emissions, he mentioned.
The preliminary 50 LNG stations are being arrange on the Golden Quadrilateral highways connecting 4 metros of Delhi, Mumbai, Chennai and Kolkatta.
“In occasions to return, there will probably be an LNG station at each 200-300 km on the GQ and on all main highways,” he mentioned.
Selling LNG as a gasoline is a part of the federal government’s push to boost the share of pure fuel in its vitality basket to 15 per cent by 2030 from the present 6.2 per cent. Larger use of environmentally pleasant pure fuel will carry carbon emissions down.
“We now have been engaged on a effectively considered technique for a gas-based financial system.
“Growth of metropolis fuel networks, laying of trunk pipelines, constructing LNG (import) terminals, elevating of home manufacturing fo fuel, simplification of tax construction and a uniform and easy tariff construction are all a part of that plan,” he mentioned.
The preliminary 50 LNG stations can be arrange in a single yr, he mentioned.
Pradhan mentioned 20-25 million commonplace cubic meters per day-equivalent LNG will probably be consumed within the transportation sector.
“LPG goes to be priced cheaper. If we purchase LNG (from overseas), it’s going to scale back our dependence on crude oil. Will decrease demand from the world’s third-largest importer, crude oil costs will soften, thus serving to us,” he mentioned.
India is 85 per cent depending on imports to satisfy its crude oil wants whereas it imports about half of its fuel wants.
With LNG being cheaper than diesel by 30-40 per cent, use of the brand new gasoline in long-haul transportation, in addition to sectors resembling mining, would assist reduce logistics price and have a optimistic impression on inflation, he mentioned.
Of the preliminary 50 LNG stations being arrange, state-owned Indian Oil Corp (IOC) will arrange the utmost 20 shops. Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) would arrange 11 every, whereas fuel utility GAIL would put up six shops and Petronet LNG Ltd the remaining two.
Gujarat, which homes nearly two-thirds of India’s present LNG import capability, would see the utmost variety of LNG stations at 10. Maharashtra and Tamil Nadu, which too have LNG terminals, would every home eight LNG stations, whereas Andhra Pradesh will get 6, Karnataka 5, Kerala 3, Odisha 1, Telangana 2, Haryana 1, Rajasthan 3, Uttar Pradesh 2 and Madhya Pradesh 1.
Pradhan mentioned shifting vehicles to LNG from liquid gasoline will result in financial savings and reduce in emissions too.
Oil Secretary Tarun Kapoor mentioned LNG is a clear gasoline, handy and bit cheaper than different fuels. “It is vitally applicable for long-distance transportation.”
The primary trial of LNG as gasoline began in 2015 by IOC and Tata Motors. Thereafter, first LNG-run bus was launched in 2016 and now, the gasoline use is attaining business scale, he mentioned.

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