Blending Methanol with LPG Plan
From Current Affairs Notes for UPSC » Editorials & In-depths » This topic
The government is thinking of a plan to sell LPG blended with methanol, which could facilitate reduction in its cooking gas subsidy by 1/3rd of its current prices. The plan is to manufacture methanol from abundantly available low-quality coal and other bio-resources, and also produce it synthetically. The project would be implemented by the NITI Aayog.
What is the need?
- Blending 20% methanol with LPG, as is done in many countries, is estimated to reduce the price of cooking gas for household consumption by Rs 100 per cylinder.
- The portion of methanol in the mix could be scaled up further since India increases production of methane from coal.
- The financial benefits could be considerable, when looking at the country’s LPG subsid
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