: Gadkari to launch CNG Tractor to save around Rs. 1 lakh annually on fuel costs for farmers #FinanceIndia #StockMarketNEWS Gadkari to launch CNG Tractor to save around Rs. 1 lakh annually on fuel costs

@StockMarketNEWS Mon 15 Feb, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Gadkari to launch CNG Tractor to save around Rs. 1 lakh annually on fuel costs for farmers #FinanceIndia #StockMarketNEWS
Gadkari to launch CNG Tractor to save around Rs. 1 lakh annually on fuel costs for farmers New Delhi, Feb 11 (KNN) Union Minister for Road Transport and Highways, Nitin Gadkari will formally launch India’s first-ever diesel tractor, converted to CNG, on Friday.

The conversion carried out jointly by Rawmatt Techno Solutions & Tomasetto Achille India will help farmers increase their income, by lowering costs, and help to create job opportunities in rural India.

Union Ministers Union Ministers Dharmendra Pradhan, Narendra Singh Tomar, Parshottam Rupala and Gen. (Retd) VK Singh will also be present at the launch. The most important benefit for the farmer will be to save more than one lakh rupees annually on fuel costs, which will help them to improve their livelihood.

It is a Clean Fuel as it has the lowest content of carbon and other pollutants.

It is Economical as it has zero lead and is non-corrosive, non-dilutive and non-contaminating which helps in increasing the life of the engine and it requires less regular maintenance.

It is Cheaper as CNG prices are far more consistent than fluctuating Petrol prices and also the average mileage of CNG vehicles is better than that of Diesel/Petrol driven vehicles.

It is Safer as CNG tanks come with a tight seal, which reduces the possibility of explosion while refueling or in the event of a spill.

It is the Future as at present around 12 million vehicles are already powered by natural gas throughout the world and more companies & municipalities are joining the CNG movement every day.

It is part of Waste to Wealth as stubble (Parali) can be used as a raw material for producing Bio-CNG which will help the farmers to earn money by selling it to the Bio-CNG production units in their locality

The test reports indicate that the retrofitted tractor produces more power/equal in comparison to Diesel-run engine. Its overall emissions are reduced by 70% as compared to Diesel. It will help farmers to save up to 50% on the fuel cost as the current Diesel prices are Rs.77.43/L whereas CNG is only Rs.42/kg.