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 ofSATAT 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.
