Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Launch of Methanol Cooking Fuel Program of India

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Launch of Methanol Cooking Fuel Program of India - News and Press Release Dated:- 6-10-2018 - News - Namrup, Assam: This day of Oct 5th, 2018 is a historic day for India, Northeast and Assam Petro-chemicals, a state-owned company for launching Asia's first cannisters based and India's first Methanol Cooking Fuel Program . The program was inaugurated by Dr V K Saraswat, Member, NITI Aayo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g and Chairman, Methanol Apex Committee at the Assam Petro-chemicals campus at Namrup. 500 households inside the Assam Petro Complex will be the first pilot project, scaling it to 40,000 households in Uttar Pradesh, Maharashtra, Gujarat, Telangana, Goa and Karnataka. The project is a natural extension of our Prime Minister's vision of reducing import of crude and an effort to provide clean, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... import substitute, cost effective and pollution free cooking medium. Assam Petrochemicals Limited has been manufacturing methanol for the last 30 years and is in the process of upgrading their 100 TPD methanol plant to 600 TPD by Dec 2019. The safe handling cannister based cooking stoves are from Swedish Technology and through a Technology transfer a large-scale cooking stove manufacturing pla .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt will come up in India in the next 18 months producing 10 lakh Cookstoves and 1 Crore Cannisters per year. This technology is very unique, it handles methanol extremely safely, does not need regulator or any piping system. The cooking medium can directly substitute LPG, Kerosene, Wood, Charcoal and any other fuel for cooking. The gaseous form, Methanol - DME, can be blended in 20% ratio with .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... LPG. LPG-DME blending program is expected to kickstart in the country by next year. 1.2 litres cannisters can last for full five hours on twin burners and 8 such Cannisters as rack can last for one month for a family of three. The cost of energy equivalent of one cylinder of LPG for Methanol is ₹ 650, compared to ₹ 850 per cylinder resulting in a minimum of 20% Savings. For instanc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e, in Manipur the cost of transportation of LPG is ₹ 200, whereas same cost for Methanol will be ₹ 12. This provides for an excellent alternative as household fuel and commercial, institutional and fuel for restaurants. China uses 4 MMTA of Methanol as Cooking Fuel annually. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... om - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates