Indian oil companies looking to spend $1.53 bln on bio-CNG

India’s state-owned oil companies are looking to spend nearly INR 100 billion on establishing a network of bio-CNG plants
By Staff reporter 12 April 2018 0 30404

India’s state-owned oil companies are looking to spend nearly INR 100 billion ($1.53 billion) on establishing a network of bio-CNG plants, according to LiveMint.

The companies involved include Indian Oil Corp., Bharat Petroleum and Hindustan Petroleum.

The aim is to promote the use of CNG as a transport fuel to improve air quality and reduce India’s reliance on imported LNG.

The plan for bio-CNG will be detailed in India’s national biofuels policy, which will be released this month.

The bio-CNG will be produced from agricultural and...

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