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Government to announce Methanol in petrol policy very soon

Cabinet minister Nitin Gadkari said on Saturday said that the government would soon announce a policy for 15% blending of methanol in petrol to make it cheaper and to reduce pollution.

“In the coming session of Parliament, I am announcing a policy of blending 15% methanol in petrol,” he said at an event here. Methanol was made from coal and cost only ₹22 a litre as against the prevailing price of ₹80 a litre for petrol. China was making the coal byproduct for ₹17 a litre. “The costs will go down, pollution will go down,” he said.

Factories in and around Mumbai, including Deepak Fertilisers and Rashtriya Chemicals and Fertilisers produces methanol in India.