Financial Daily from THE HINDU group of publications
Wednesday, Aug 14, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Home Page - Petroleum
Industry & Economy - Petroleum


Gasohol to be mandatory in 9 States from 2003

Our Bureau

NEW DELHI, Aug.13

THE sale of gasohol would be mandatory in nine States and four Union Territories from January 1, 2003, according to the Union Petroleum Minister, Mr Ram Naik. Petrol mixed with five per cent ethanol is called gasohol.

The States where the 2003-norm will apply are Tamil Nadu, Uttar Pradesh, Haryana, Gujarat, Goa, Karnataka, Maharashtra, Andhra Pradesh and Punjab.

It will also be mandatory in the Union Territories of Chandigarh, Daman & Diu, Dadra & Nagar Haveli and Pondicherry.

Addressing members of the Parliamentary Consultative Committee on August 12, Mr Naik said that this decision would bring down oil import, besides benefiting sugarcane growers in these States and Union Territories.

The Minister added that sale of 5-kg LPG cylinders would be launched on August 16 from Shimla.

The small-sized cylinder is targeted at people living in the hilly terrains, far-flung areas and the economically weaker sections to enable easier transportation since the conventional cylinder is 30 kg.

The deposit for a five-kg cylinder would be Rs 350 per cylinder.

Send this article to Friends by E-Mail

Stories in this Section
UTI committedto investors — Damodaran bullish on stocks


Gasohol to be mandatory in 9 States from 2003
SBI slashes housing rates
Rains revive hopes of pick-up in stock market
IFC sells 5 pc Vysya Bank stake in market?


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line