Indian state oil firms to spend Rs 300 billion for fuel switch to BS-VI

India’s state oil firms will spend nearly 300 billion rupees for switching over to BS-VI auto fuels, as India works towards reducing pollution and consequent health hazards from rising vehicular traffic, a government statement quoted the oil minister as saying.

Dharmendra Pradhan told an inter-ministerial meeting that public sector oil companies will spend 28,750 crore to switch to the new fuel for supplies by April 2020.

Transport Minister Nitin Gadkari earlier said the country would leapfrog to BS-VI from the current BS-IV standard, which is expected to be introduced across the country by April 2017.

 

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