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SUSTAINABLE ALTERNATIVE TOWARDS AFFORDABLE TRANSPORTATION (SATAT) SCHEME
Union Minister for Petroleum and Natural Gas informed Lok Sabha about SATAT scheme.
Important points:
- SATAT scheme was launched on October 01, 2018 wherein Oil and Gas Marketing Companies (OGMCs) are inviting Expression of Interest (EoI) from potential entrepreneur to procure Compressed Bio Gas (CBG).
- Under this scheme few of the enablers like assured price for offtake of CBG with long term agreements by OGMCs; inclusion of bio manures produced from CBG plants as Fermented Organic Manure (FOM) under Fertilizer Control Order 1985; inclusion of CBG projects under Priority Sector Lending by RBI have been provided.
- So far 9 CBG plants have been commissioned and started supply of CBG under SATAT scheme. These plants are located in Andhra Pradesh (1 No.), Gujarat (3 No.), Haryana (1 No.), Maharashtra (3 No.) and Tamil Nadu (1 No.).
- These plants are set up by entrepreneurs and private companies who have raised financial resources to develop these plants on the basis of LoIs issued by OGMCs.
SOURCE: MINT,THE ECONOMIC TIMES