Learn bits
Economy
Pradeep Kumar

12/07/21 10:45 AM IST

First Private LNG Facility plant at Nagpur

In news

Minister for Road Transport and Highways Shri Nitin Gadkari has emphasized the importance of alternate biofuels for diversification of agriculture towards the energy and power sector.

Details
  • Inaugurating the country’s first Private LNG Facility plant at Nagpur today he said in our economy we are spending 8 lakh crores for the import of petrol diesel and petroleum products which is a big challenge.
  • The Minister said we have designed a policy that encourages the development of imports substitute cost-effective pollution-free and indigenous ethanol,  bio CNG, LNG, and hydrogen fuels.
  • He said the ministry is constantly working on different alternative fuels.
  • He said we have to use surplus in rice , corn and sugar to prevent it from going waste.
Liquefied Natural Gas (LNG)
  • Liquefied natural gas (LNG) is natural gas that has been converted to a liquid form for the ease and safety of natural gas transport.
  • Natural gas is cooled to approximately -260 F, creating a clear, colorless, and non-toxic liquid that can be transported from areas with a large supply of natural gas to areas that demand more natural gas.
  • In its liquid state, natural gas takes up 1/600th of the space, meaning that natural gas is shrunk 600 times, making it much easier to ship and store when pipeline transport is not feasible.
  • As world energy consumption increases, experts anticipate that the LNG trade will grow in importance.
Source: PIB

More Related Current Affairs View All

20 Feb

The Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999

'Investors who were defrauded in the Torres Ponzi scam may receive about Rs 40 crore over the next six months.' The Mumbai Police’s Economic Offences Wing (EOW) has begun

Read More

18 Feb

Aravali safari park project

'The Haryana government’s ambitious 3,858 hectare Aravali safari park project spread across Gurugram and Nuh — which was one of the poll promises of the ruling Bharatiy

Read More

17 Feb

President’s rule function

'Recently,  four days after Manipur Chief Minister N. Biren Singh’s resignation, the Union government announced that President’s rule has been implemented in the v

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps