Business Daily from THE HINDU group of publications Friday, Apr 06, 2007 ePaper |
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Marketing
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New Products & Services Industry & Economy - Non-conventional Energy States - Andhra Pradesh
Our Bureau
Fuel conscious In the process of playing role of an anchor developer in creating an oil and gas hub in the State. To lay a network of pipelines to reach out gas supplies to domestic consumers. The effort is to convert about three lakh vehicles into CNG usage within five years.
Hyderabad April 5 Bhagyanagar Gas Ltd, a joint venture of HPCL and GAIL, on Thursday launched ethanol-blended petrol and laid the foundation stone for CNG mega station near here. After announcing these two initiatives, the Chairman and Managing Director of HPCL, Mr Arun Balakrishnan, said that HPCL was in the process of playing the role of an anchor developer in creating an oil and gas hub in the State. The Chairman and Managing Director of GAIL, Mr U.B. Chowbay, said that Bhagayanagar Gas is seeking to lay a network of pipelines to reach out gas supplies to domestic consumers. As a part of the drive to provide clean fuels, the effort is to convert about three lakh vehicles into CNG usage within five years and touch two crore domestic users. Referring to gas supplies in the State, the GAIL CMD said that about 1,000 MW of power plants in the State are now run by gas, and about 1,200 MW is not being utilised to inadequate supplies. Once the oil is generated from the KG basin, they would be able to supply. "We are in the process of creating a pipeline of about 840 km and would be able to offer many cities along the path with piped gas," he said. Referring to the advantages that clean fuels bring, the Union Minister for Petroleum, Mr. Murli Deora, said "changes brought about in Delhi have had a significant impact. We plan to take up similar initiatives across the country offering CNG for vehicles." The Union Secretary of Petroleum, Mr M.S. Srinivasan, said that Brazil and India, two of the major sugarcane producing countries could extensively use ethanol-blended fuels. The Government has plans to cover 20 million homes with piped gas within three years. The Chief Minister, Dr Y.S. Rajasekhara Reddy, said the State had laid thrust on irrigation and was encouraging Pongemia cultivation, that could help boost bio-diesel production. As a part of the State's drive to promote Pongamia cultivation, efforts are on to offer seeds at subsidised rates. This was being linked up to the National Rural Employment Guarantee Scheme.
More Stories on : New Products & Services | Non-conventional Energy | Petroleum | GAIL (India) Ltd | Hindustan Petroleum Corporation Ltd | Andhra Pradesh
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