India to make it mandatory for auto makers to offer biofuel vehicles in 6 months, says Gadkari

Union Minister Nitin Gadkari on Tuesday said India will make it mandatory for auto manufacturers to offer vehicles running 100 per cent on bio-fuels in the next six months. Such a move will be cost-effective for consumers, who are hassled by the high petrol prices, the minister said, pointing out that a litre of bioethanol costs Rs 65 as against Rs 110 paid for petrol. The alternative fuel is also less polluting and saves forex.

“We are committed to delivering vehicles with flex engine norms. We have taken a decision, we will make it mandatory by which there will be a flex-engine,” Gadkari said at an event hosted by domestic brokerage Elara Capital.