Daily Current Affairs 2021 Dharmendra Pradhan presides over a slew of initiatives around Compressed Bio Gas to give filip to SATAT scheme | Daily Current Affairs 2021

Dharmendra Pradhan presides over a slew of initiatives around Compressed Bio Gas to give filip to SATAT scheme

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SATAT scheme

Union Minister of Petroleum & Natural Gas recently presided over a virtual ceremony in which a number of initiatives were launched to provide a major fillip to the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative.

Highlights:

  • The landmark event included the signing of a Cooperation Agreement by Oil and Gas majors including Indian Oil, HPCL, BPCL, GAIL and IGL, for the promotion and development of the SATAT scheme.
  • During the event, the Ministry of Petroleum & Natural Gas also signed MoUs with Essar Capital Limited, XEMX Projects, Knowledge Integration Services, and Global Green Growth Institute, Seoul to set up new CBG Plants across the country.
  • The minister laid the foundation stones of 5 upcoming CBG Plants.
  • He also inaugurated the first injection of CBG into the CGD pipeline network at Govardhannathji Energies into Gujarat Gas CGD network at Nadiad Kheda Distt., Gujarat.
  • This is in line with the recently issued policy guidelines by the Ministry of Petroleum & Natural Gas on CBG injection in the CGD network.

About SATAT scheme:

  • The SATAT scheme aims to set up Compressed Bio-Gas production plants and make CBG available in the market for use as a green fuel.
  • ‘SATAT’, launched on 1.10.2018, envisages targeting production of 15 MMT of CBG from 5000 plants by 2023.
  • Besides the potential to boost availability of more affordable transport fuels, better use of agricultural residue, cattle dung and municipal solid waste, the 5000 CBG plants will provide an investment of 1.75 lakh crore, an additional revenue source to farmers, and 75,000 direct job opportunities and lakhs of indirect jobs.

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