TruAlt Energy will set up India’s first flex fuel station at Jamkhandi in Bagalkot district of Karnataka. The flex fuel station coming up at Bagalkot will provide bio CNG, ethanol-blended gasoline and a charging facility for electric vehicles.
As per reports,TruAlt Energy is aiming to set up 250 flex fuel stations across India in the next five years. The company is waiting for automobile manufacturers to launch vehicles with flex fuel engines. “In Jamkhandi, we got 18 tractors fitted with flex fuel engines that use ethanol because of which farmers are saving Rs 1.5 lakh per year towards fuel expenses,” Vijay said.
In 2018, the Union government introduced the biofuel policy. Initially, the blending target was 10 per cent. The target is now 20 per cent for which the deadline has been advanced to 2025 from the earlier 2030. India would save Rs 1 lakh crore of foreign exchange if the target of blending 20 per cent ethanol with petrol is achieved by 2025.
Tags: Bagalkot, Ethanol, Flex Fuel, Karnataka, TruAlt
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