Petrol, Diesel Prices Can be Sold at Rs 19 Per Litre Blending Methanol: NITI Aayog | CORPORATE ETHOS

Petrol, Diesel Prices Can be Sold at Rs 19 Per Litre Blending Methanol: NITI Aayog

By: | June 6, 2018
petrol-diesel prices

Jun 6: Blending methanol with petrol and diesel can lead to huge savings in fuel prices and reduce pollution, according to NITI Aayog which is preparing a road ap for full-scale implementation of Methanol Economy in the country.

India by adopting Methanol can have its own indigenous fuel at the cost of approximately Rs. 19 per litre at least 30% cheaper than any available fuel. Methanol fuel can result in great environmental benefits and can be the answer to the burning urban pollution issue.

 At least 20% diesel consumption can be reduced in next 5-7 years and will result in a savings of Rs. 26,000 crore annually. Rs. 6000 crore can be annually saved from reduced bill in LPG in the next 3 years itself. The Methanol blending program with petrol will further reduce our fuel bill by at least Rs. 5000 crore annually in next 3 years.

Methanol burns efficiently in all internal combustion engines, produces no particulate matter, no soot, almost nil SOX and NOX emissions (Near Zero Pollution). The gaseous version of Methanol – DME can blended with LPG and can be excellent substitute for diesel in Large buses and trucks.

To adopt Methanol as a transport fuel, it requires minimal infrastructure modifications and capital both in vehicles and in terminal and distribution infrastructure. Methanol 15 % blend (M15) in petrol will reduce pollution by 33% & diesel replacement by methanol will reduce by more than 80%. Urban Transport contributes to close to 40% towards urban air pollution. Annually 400000 deaths take place in India due to air pollution. Field trials are under way for India to adopt M15 program in transportation sector. The notification of fuels for M15 & M100 are already complete. Methanol 100% engine will look to replace diesel in its totality.