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Union Minister Nitin Gadkari on Wednesday said India is committed to an eminently achievable clean energy-based economy, and added that the country will soon have a policy for flex-fuel engines.
The road transport and highways minister further said India is shifting its public transport fleet to green fuels like bio-CNG, ethanol, methanol, electricity and green hydrogen, which will also provide citizens some respite from surging petrol prices.
"India is committed to an eminently achievable clean energy-based economy, through an annual road-map for production, supply of ethanol till 2025-26, and systems for its countrywide marketing," he said while addressing a virtual event of industry body CII.
Gadkari said his ministry is in talks with automakers for flex-fuel engines and for using biodiesel and LNG in the construction equipment industry.
"We will soon announce a policy for flex-fuel engines. This policy will encourage automobile manufacturers to produce such engines," he said.
The minister pointed out that India is one of the fastest-growing economies leading through sustainable and climate-neutral development.
While the government is focusing to create an investor-friendly ecosystem to promote domestic manufacturing, "parallelly we are also giving importance to infrastructure development," he said.
As expected, India is gaining good momentum in the electric vehicle (EV) ecosystem, he noted.
"There is a good response for battery operated small electric vehicles like e-scooter, electric three-wheelers, e-rickshaws, e-carts, and e-bikes in the country," he said.
The minister added the road ministry is also planning to run a railway, metro, and long-run intercity buses on green hydrogen.
"Both battery electric vehicle and fuel cell vehicle technologies are complementary to each other and are all set to overtake fossil-run automotive by 2050 in the country," the minister said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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