Nagpur: The Transport Minister Union Nitin Gadkari, inaugurated the first liquid gas station (LNG) in Nagpur on Sunday, said he had asked the government to privatize this sector.
“Now, we have invited all private companies, including PSU, in the field.
Even you can import LNG,” he said.
The LNG charging station in the Outer Ring Road is also a Gadkari idea, which convinced the management of Baidyanath Group, which has diverse into solar energy, to start a new business.
The company has traditionally made Ayurvedic drugs.
Gadkari also mentioned that his son’s Manas group also received a license for gas stations, diesel, LNG and CNG.
The Manas Group was led by one son, Nest Gadkari.
This has emerged from the Purti Ershtwhile group floating by Gadkari.
His other sons Nikhil Gadkari Heads Cian Agro, who is a registered company.
The Manas Group will combine ethanol with gasoline, regardless of interest in other green energy businesses.
Gadkari previously said in a public forum that the business turnover of his son’s business had touched RS1,300 Crore.
A Manas Group spokesman then told the Toi that they were in the final stage of getting permission to start the fuel dispensation station.
After that they can start distributing filling stations on behalf of Manas, such as pumps allocated by IOC, BPCL or HPCL.
The purpose behind this plan is to promote the alternative green fuel on the market, the official said.
Gadkari said LNG was the future of the transportation industry and his dream was to have a BIO-LNG manufacturer too.
Batting for LNG economic benefits, the minister said the data said that the average conversion fee to the LNG engine was RS10 Lakh.
The truck runs around 98,000 km in a year, so after the conversion becomes LNG there will be a savings of RS11 lakh per vehicle in 9-10 months.
With this, conversion costs can be easily restored.
Once again referring to his family’s business, he said, “In Vidarbha, we make 2 liters of bio-ethanol per day.
On scooters and your car, 10% ethanol is added, which is made in our sugar factory.” Now, the government has increased the level Ethanol becomes 22%, which will lead to a big demand for ethanol.
We also made 18 tons of CNG and the main dream was to turn it into LNG because the transportation of CNG was difficult, he said.
Gadkari said in a recent meeting with engine manufacturers in the construction sector, he asked them to turn their vehicles to become one of the earliest alternative fuels to reduce import and improve agriculture.
The minister said he also insisted Western Coal Fields Limited (WCL), an Indian coal subsidiary, to distribute mines to get coal to make methanol, which was much cheaper than diesel.
Pranav Sharma, Director of Baidyanath Group, said it would have an initial drive advantage in this business.
At present there are only a few vehicles that run in LNG because the fuel is largely used for industrial applications.
The pump began by filling 12 vehicles belonging to three local transporter that had been converted to LNG.
Sharma said that stress would convert vehicles to LNG by projecting economic advantage.
With the cost of fuel, investment in conversion can be restored within one year, he said.
Baidyanath Group plans to have five other LNG dispensation stations in the region, he said.