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Source: The post is based on the article “Prime Minister launches E20 Fuel & flags off Green Mobility Rally in Bengaluru” published in PIB on 6th February 2023.
What is the News?
Prime Minister inaugurated India Energy Week (IEW) 2023 in Bengaluru. He launched multiple initiatives in the field of green energy including E20 fuel at 84 retail outlets of oil marketing companies in 11 states/UTs and flagged off Green Mobility Rally.
What is E20 Fuel?
E20 fuel is a blend of 20% ethanol and 80% petrol.
India has already met its E10 target, so petrol used in the country has 10% ethanol in it. The government now aims to achieve a complete 20% blending of ethanol by 2025.
What are the advantages of E20 Fuel?
Using ethanol-blended petrol for vehicular applications has a lot of benefits. One of them is certainly the reduction in pollution levels. Biofuel is known for being a lesser pollutant. This will certainly help in bringing down the pollution level if used on a mass scale.
India currently imports 85% of its total fuel. This results in a huge bill for crude oil. Using 20% ethanol-blended fuel for vehicles in India means the country will save a lot of money.
New technology implementation means there will be opportunities for new job creation. The original equipment manufacturers (OEMs) and their component suppliers and aftermarket service-providing segments will witness new job creation.
The Indian government claims that the target of achieving 20% ethanol in petrol will help the agriculture sector. It claims that farmers will see increased income because of this policy.
What is the Green Mobility Rally?
Green Mobility Rally aims to create mass awareness for clean fuels.
The rally witnessed the participation of 57 vehicles running on sustainable green energy sources viz., E20, E85, Flex Fuel, Hydrogen, Electric etc. This will help in creating public awareness for Green fuels.