December 2016 Current Affairs

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Union Government to invest Rs 15000 crore to increase Panipat oil refinery capacity

Union Government to invest Rs 15000 crore to increase Panipat oil refinery capacity
12 October 2016 Current Affairs: The Union Government has decided to invest 15,000 crore rupees to increase the capacity of Panipat refinery in Haryana to 25 Million Tonnes from existing 15 Million Tonnes.

 It was announced by Union Minister of State (MoS) for Petroleum and Natural Gas, Dharmendra Pradhan at a function in Panipat.

The expansion of Panipat refinery will help raise specifications of fuel quality from BS-IV to BS-VI to meet future demand. It will also create employment opportunities for the people and also help in raising quality of fuel in the country by the year 2020. 

Besides, Indian Oil Corporation (IOC) will also set up bio-ethanol plant in Panipat to generate alternative fuel from agricultural residue which would boost agriculture sector.

It is an alcohol derived by process of fermentation mostly from carbohydrates of agricultural residue and feedstocks. 

As a quasi-renewable energy, ethonal can be blended with petrol or diesel making it a sustainable transport fuel. It will help to reducing emissions and dependency on imported fuel.

Help in solving the chronic problem of straw burning of leftover agro-based produce especially from wheat and rice feedstocks. Benefit farmers economically, as they would be paid for their agro-based produce to extract bio-ethanol. It would also help in preventing the loss of fertility of soil and damage to environment by reducing air pollution.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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