• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, May 19, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Efforts on to introduce ethanol in agriculture, construction equipment: Gadkari

Press Trust of india by Press Trust of india
June 4, 2022
in BUSINESS
A A
0
Centre agrees to accord in principle National Highway status to Mughal Road

Nitin Gadkari

FacebookTwitterWhatsapp

Pune: Union Minister Nitin Gadkari on Saturday stressed on the need to switch to alternative fuel like ethanol and said efforts are on to introduce ethanol in construction and agriculture equipment.

The Union road transport and highways minister said the country imports petroleum products worth Rs 10 lakh crore to meet the requirements in the energy and power sector, and in the next five years, the demand may go up to Rs 25 lakh crore, which will affect the economy.

More News

RBI discontinues investment fluctuation reserve requirement for banks

India to keep buying Russian oil regardless of US sanctions waivers, says official

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Load More

Gadkari was speaking at the state-level Sugar Conference 2022 organised by Vasantdada Sugar Institute in Pune.

“Alternative fuel is the future. After electric scooters, cars and buses, soon we will have electric tractors and trucks. I am going to launch these soon,” Gadkari said.

Diesel-based agriculture equipment should be made petrol based and flex engines can be converted to run on ethanol, he said, adding that efforts are on to introduce ethanol in construction equipment as well.

Highlighting the need to shift from sugar production to ethanol, the minister said, “The rise in sugar demand across the globe is temporary. When the price of crude oil goes up to $140 per barrel, Brazil produces ethanol from sugarcane, increasing the demand for sugar from India. When the price of crude oil dips to $70 to $80 per barrel, Brazil starts producing sugar.”

When crude oil becomes cheaper, sugar prices will also come down drastically, he said.

Gadkari also asked Maharashtra Deputy Chief Minister Ajit Pawar to set up ethanol pumps in Pune, to help farmers sell the fuel directly.

“We have decided to add 20 per cent ethanol in petrol in our country. Accordingly, we will need 1,000 crore litres of ethanol. Our sugar factories don’t have the capacity to produce that amount of fuel. Sugarcane prices will not come down in the near future, but sugar prices may drop. Hence, it is time that the sugar industry switches to ethanol. We have to talk to the petroleum minister and find a way,” the minister said.

Speaking at the event, NCP chief Sharad Pawar said the area under sugarcane will increase in the future and hence, planning for the harvest of the crop should be done at the start of the season.

“Harvesting and transportation of sugarcane has become a serious issue. The Sugar Commissionerate and sugar factories should have proper plans in place and implement them strictly,” he said.

Pawar further said the Central government needs to take strategic decisions to increase the storage capacity of ethanol and for that, the policy of oil companies needs to be more favourable in terms of investment, planning for rail transport and purchase of the fuel.

The scarcity of coal in the country has led to a decrease in power generation, which in turn has affected industries and agriculture, he said.

“Sugarcane bagasse can generate 3,600 MW electricity. At present, there are 2,470 MW co-generation projects in Maharashtra. Even if we give 65 to 70 per cent of the power to MSEDCL, the state government can get about 1,660 MW of power. For this, urgent measures need to be taken to set up a bagasse-based project,” Pawar said.

Chief Minister Uddhav Thackeray, who addressed the conference virtually, said sugar producers in the state were facing several problems.

“We have to follow Brazil for market research. They (Brazil) conduct surveys and accordingly choose a crop in a year. Times are changing and accordingly, we should adopt technology. The future will be ethanol,” Thackeray said.

Sugarcane workers are important, and the Gopinath Ustod Kamgar Mahamandal has been formed to help resolve issues faced by them, he said.

The chief minister further said cultivators must consider adopting micro-irrigation for sugarcane crop, as water is a valuable resource and rainfall is unpredictable.

 

Previous Post

1 killed, 10 injured as cab falls into gorge in Poonch

Next Post

Govt asks Twitter, YouTube to pull down perfume advertisement

Press Trust of india

Press Trust of india

Related Posts

RBI discontinues investment fluctuation reserve requirement for banks

RBI holds meeting of Steering Sub Committee of J&K SLBC
May 18, 2026

Mumbai: The Reserve Bank on Monday discontinued the requirement for commercial banks to maintain Investment Fluctuation Reserve (IFR), an additional...

Read moreDetails

India to keep buying Russian oil regardless of US sanctions waivers, says official

Iran Crisis: No immediate oil disruption for India; Russia pivot possible if conflict drags on
May 18, 2026

New Delhi: India has been purchasing Russian oil irrespective of US sanctions waivers and will continue to do so based...

Read moreDetails

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Nation responds to PM’s call for fuel conservation
May 18, 2026

Gothenburg (Sweden): Prime Minister Narendra Modi landed in Sweden on Sunday, where he will hold talks on trade, technology, defence...

Read moreDetails

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
May 18, 2026

New Delhi:  ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the...

Read moreDetails

Govt imposes import curbs on silver

Govt imposes import curbs on silver
May 17, 2026

New Delhi: Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on...

Read moreDetails

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore
May 17, 2026

New Delhi: The Narcotics Control Bureau has busted an international drug syndicate involved in the trafficking of Captagon and seized...

Read moreDetails
Next Post
Govt asks Twitter, YouTube to pull down perfume advertisement

Govt asks Twitter, YouTube to pull down perfume advertisement

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.