Govt., Oil & Gas PSUs sign cooperation agreement to boost SATAT scheme

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan presided over a virtual ceremony in which a number of initiatives were launched to provide major fillip to the SATAT initiative, and help India leap ahead towards a greener tomorrow.

Key Highlights

• This included signing of a Cooperation Agreement by Oil and Gas majors including IndianOil, HPCL, BPCL, GAIL and IGL, for the promotion and development of the SATAT (Sustainable Alternative Towards Affordable Transportation) scheme.

• The SATAT scheme aims to set up Compressed Biogas production plants and make CBG available in the market for use as a green fuel.’SATAT’, launched on 1.10.2018, envisages to target 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.

• The Cooperation agreement provides for establishing a strong network for marketing the entire produced quantity of CBG Plants through various channels.
• The agreement also has provision for associate implementers to join the SATAT movement. As per the agreement, IndianOil shall act as coordinator under the SATAT scheme and liaison with the Government and other agencies on behalf of Industry members.
• GAIL shall serve as the coordinator for the implementation of the CBG-CGD synchronization scheme.

SOURCE: PIB

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