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Initiatives launched to provide major fillip to the SATAT initiative

  • IASbaba
  • June 2, 2021
  • 0
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Initiatives launched to provide major fillip to the SATAT initiative

Part of: GS Prelims and GS -III – Economy 

In news

  • Union Minister of Petroleum & Natural Gas launched a number of initiatives to provide major fillip to the SATAT initiative in a virtual ceremony.

Important value additions 

  • Aim of SATAT scheme: To set up Compressed Bio-Gas (CBG) production plants and make CBG available in the market for use as a green fuel.
  • ‘SATAT’ aims to target production of 15 MMT of CBG from 5000 plants by 2023.
  • It has the potential to boost availability of affordable transport fuels, better use of agricultural residue, cattle dung and municipal solid waste. 
  • It will also 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.

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