Methanol Economy

Significance

  • Replacement to Petrol and Diesel: Although slightly lower in energy content than petrol and diesel, methanol can replace both these fuels in the transport sector, energy sector and retail cooking.
  • Save Import Bill: Blending of 15% methanol in gasoline can result in at least 15% reduction in the import of gasoline/crude oil.
  • GHG Emissions: Methanol blending would bring down GHG emissions by 20% in terms of particulate matter, NOx, and SOx, thereby improving the urban air quality
  • Economic Benefits: Methanol Economy will also create close to 5 million jobs through methanol production/application and distribution services.
  • Household Savings: Rs 6000 ....
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Economic Development