Menu
BW CFO World
Community for Finance Professionals, Consultants and allied businesses
  • Home
  • News
  • Videos
  • Articles
    • Credit & Capital
    • Economic Trends
    • Financial Compliance
    • Financial Leadership
    • Financial Management
    • Financial Reporting
    • Financial Strategy
    • Risk Management
    • Taxation
  • Featured
  • Nominate for Awards
Close Menu
electric-charge-
October 21, 2021

Govt Will Ask Vehicle Makers To Produce Flex-Fuel Engines In Next 6-8 Months: Nitin Gadkari

Urvi Srivastava Economic Trends engines, Euro VI, green hydrogen, manufacturers, Nitin Gadkari, union minister

Gadkari claimed that the cost of vehicles won’t rise after making it mandatory for all vehicle manufacturers to make flex-fuel engines. The minister predicted that in the coming days, India will be able to export green hydrogen.

Union minister Nitin Gadkari on Wednesday said that the government will ask all vehicle manufacturers to make flex-fuel engines under the Euro VI emission norms in the next six eight months. Flex-fuel, or flexible fuel, is an alternative fuel made of a combination of gasoline and methanol or ethanol. 

Addressing an event, Gadkari further said in the next 15 years, the Indian automobile industry will be worth Rs 15 lakh crore. “We were planning to submit an affidavit in the Supreme Court to allow manufacturing of flex-fuel engines under the Euro IV emission norms…But now I feel that we will ask all vehicle manufacturers to make flex-fuel engines (that can run on more than one fuel) under the Euro VI emission norms in the next 6-8 months,” he said.

Gadkari claimed that the cost of vehicles won’t rise after making it mandatory for all vehicle manufacturers to make flex-fuel engines. The minister predicted that in the coming days, India will be able to export green hydrogen.

The government in January 2016 has decided to leapfrog directly from Euro IV emission norms for petrol and diesel to Euro VI standards. An inter-ministerial group headed by Road Transport and Highways Minister Nitin Gadkari on January 6, 2016 had taken the decision to advance the date by four years to April 1, 2020, for implementation of Bharat Stage VI (equivalent to Euro VI norms followed globally) for the supply of cleaner auto fuel, by altogether skipping the Euro V grade norms.

(PTI)

Urvi Shrivastav

→ Urvi Shrivastav

Services Exports May Reach Over $240 Billion In 2021-22, Says SEPC RBI Imposes Rs 1 Cr Fine On Paytm Payments Bank, Fines Western Union With Rs 27.78 Lakh

Related Posts

Chandrasekar-K-1

Credit & Capital, Economic Trends

Leading with empathy is the correct mantra for success

20220331_113353

Credit & Capital, Economic Trends

Govt orders probe into fire incident involving Ola

indian rupee

Credit & Capital, Economic Trends

Asian stocks rise as Ukraine peace talks appear to progress

Movements

  • adobe danDan Durn Appointed As Adobe’s New Chief Financial Officer
  • Vineet Mahajan_Vineet Mahajan Appointed As New CFO Of Avanse Financial Services On Sept 27
  • bharat pet director financeVetsa Ramakrishna Gupta To Lead Bharat Petroleum As Director Finance
  • tender cuts cfoTenderCuts Names Satya Rakesh as New CFO
  • dailmer CFOManish Thakore Helms Daimler India Commercial Vehicles as CFO

Selected Stories

  • Chandrasekar-K-1Leading with empathy is the correct mantra for success

    Read more

  • 20220331_113353Govt orders probe into fire incident involving Ola

    Read more

  • indian rupeeAsian stocks rise as Ukraine peace talks appear to progress

    Read more

  • economyTata Coffee rallies nearly 13 pc; Tata Consumer jumps over 5 pc

    Read more

  • rupeeRupee rises 4 paise to 75.69 against US dollar in early trade

    Read more

Categories

  • Accounting
  • CFO Stance
  • Credit & Capital
  • Economic Trends
  • Featured
  • Financial Compliance
  • Financial Leadership
  • Financial Management
  • Financial Reporting
  • Financial Strategy
  • Financial Technologies
  • Global News
  • Interview
  • Movements
  • Risk Management
  • Taxation

Recent Comments

    Back To Top
    BW CFO World
    • Home
    • News
    • Videos
    • Articles
      • Credit & Capital
      • Economic Trends
      • Financial Compliance
      • Financial Leadership
      • Financial Management
      • Financial Reporting
      • Financial Strategy
      • Risk Management
      • Taxation
    • Featured
    • Nominate for Awards
    © Copyright BW BUSINESSWORLD 2018. All Rights Reserved.