economy

Carmakers will be mandated to introduce flex-fuel engines: Nitin Gadkari

Carmakers will be mandated to introduce flex-fuel engines: Nitin Gadkari

Union Minister of Road Transport and Highways Nitin Gadkari on Monday said he would issue an order in the next two-three days to make it mandatory for the carmakers to introduce flex-fuel engines in vehicles. Flexible fuel vehicles (FFVs) have an internal combustion engine and are capable of operating on both gasoline (petrol/diesel) and any blend of gasoline and ethanol. These vehicles are popular in countries like Brazil, Sweeden, France and Germany, among others. Addressing an event, Gadkari said, India imports petroleum products worth 8 lakh crore every year, and if the country continues to depend on fossil fuels, then its import bill will rise to ₹25 lakh in the next five years. To reduce import of fossil fuels, I am going to sign a file in the next 2-3 days, in which carmakers will be asked to make flex-fuel engines vehicles (that can run on more than one fuel), the road transport and highways minister said. Flex-fuel, or flexible fuel, is an alternative fuel made of a combination of gasoline and methanol or ethanol. Gadkari said that top officials of Toyota Motor Corporation, Suzuki and Hyundai Motor India have assured him that they will introduce flex engines in their vehicles. He also said India is the fastest-growing economy in the world. Gadkari noted that politics is an instrument of socio-economic reform. Download.

economy 2021-11-29 Livemint