Delhi Smog tug-of-war: BS VI norms in 2018 may put Maruti in a tough spot, Indian Oil says is ready
In a bid to curb pollution in Delhi, the Ministry of Petroleum and Natural Gas has said that it will implement the Bharat Stage-VI grade auto fuel norms by April next year instead of April 2020.
#BREAKING :2020 में लागू होना था BS VI नियम , अब 2018 अप्रैल से हो सकता है लागू | LIVE https://t.co/kfFXrehZIb | @priyadarshi108 pic.twitter.com/DV83909joV
— Zee Business (@ZeeBusiness) November 15, 2017
The statement said that the ministry took the decision in consultation with state-run oil marketing companies in the wake of toxic smog engulfing the capital region.
The Ministry has also directed the oil firms to examine the possibility of introducing BS-VI auto fuels in the entire National Capital Region by April 2019.
#BREAKING : सरकार ने तेल कंपनियों से मांगी BS VI पर राय #PollutionInDelhi | LIVE https://t.co/kfFXrehZIb | @priyadarshi108 pic.twitter.com/uLRYZfJh2s
— Zee Business (@ZeeBusiness) November 15, 2017
The move will now require auto companies to get ready with BS-VI-compliant vehicles by the said date.
Indian Oil Corp, executive director for supplies P. K. Das said that can easily meet new April 1 deadline of supplying BS-VI fuel in Delhi state, as per Bloomberg reports. IOC’s Panipat and Mathura refineries are capable of producing new grade of fuel with immediate effect, Das added.
The oil ministry advanced the introduction of BS-VI grade auto fuels by two years in Delhi state, to combat pollution. That grade is equivalent to Europe’s Euro-6 fuel emissions standard, the report added.
#BREAKING : दिल्ली में बढ़ते प्रदूषण को रोकने पर बड़ा फैसला #DelhiSmog pic.twitter.com/wxxiNUpDZR
— Zee Business (@ZeeBusiness) November 15, 2017
However, India’s largest passenger vehicle maker firm Maruti has said that it will be difficult for them to get BS IV cars by 2018.
RC Bhargava, chairman at Maruti Suzuki Ltd., said: “BS-IV compliant vehicles can run on BS-VI fuel if made available.”
#Breaking; Maruti Suzuki ने कहा कि उनके लिए 2018 में BS VI गाड़ी लाना मुश्किल@Maruti_Corp @maruti_swift pic.twitter.com/I8eVig1khS
— Zee Business (@ZeeBusiness) November 15, 2017
He said it will be a challenge to upgrade technologies to meet BS VI norms in just 4 years, while adding that cars contribute only 2 per cent to the overall pollution.
"While we all should be concerned about air pollution, by concentrating 90 per cent of our energy on source that is responsible for only 2 per cent of pollution, are we addressing the real issue?", he added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
08:39 AM IST