New Delhi, India – Minister of Road transport and highway, Nitin Gadkari sir revealed the new draft green fuel policy to promote the clean mobility into the construction sector. This new draft green fuel policy encourages the adoption of alternative fuels for construction equipment over conventional fossil fuels. The main goal of policy is to achieve the environmental sustainability in the road and construction industry of nation.
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Commitment to Cleanliness and Sustainability – Green Fuel Policy
Nitin Gadkari sir in recent news conference reaffirmed the commitment of government to create a cleaner, garbage free nation. Under the guidance of PM Modi, the ministry already launched lots of environment friendly initiatives. These initiatives are provide good support for clean and environmental friendly transportation solution.
The draft green fuel policy align the long term vision of PM Modi that is achieving carbon neutrality for india by 2047. In perspective of this vision, the ministry of transportation drafted this policy to encourages the adoption of alternative fuels for construction equipment. Also this policy helps to reduce the operational costs.
Diesel Consumption in Construction
Startling statistics from an internal survey by the Ministry of Road Transport and Highways (MoRTH) reveal that construction equipment in India consumes a staggering 400 crore liters of diesel every year. To stimulate the transition towards greener alternatives, Gadkari has proposed innovative measures. These measures include the implementation of an interest subvention scheme. This scheme seeks to incentivize concessionaires and contractors to invest in construction equipment powered by alternative fuels, thereby phasing out fossil fuel-dependent machinery.
The ministry of road transport and highway reveal the shocking statics of diesel consumption in india by construction equipment that is 400 crore liters of diesel every year. Gadkari ministry proposed different incentives to encourage the more usage of green alternatives in construction industry. This incentives includes the interest benefits on alternative fuels construction equipment.
“Incentives like interest subvention scheme can be worked out so that concessionaires or contractors can invest in construction equipment running on alternate fuels instead of fossil fuels” Minister said
The unveiling of this new draft policy marks a pivotal moment in India’s construction industry. With a commitment to environmental stewardship and innovation, the government is poised to reshape the construction sector, making it more sustainable and eco-friendly.
This new green fuel policy is important moment for indian construction industry. With a commitment to environmental sustainability and innovation, the government headed toward to reshape the construction industry and try to make it more sustainable and eco-friendly.