Indian refiners need to invest $4.5 billion to produce Euro VI fuel by 2020 - Nitin Gadkari | Reuters - Firstpost
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Indian refiners need to invest $4.5 billion to produce Euro VI fuel by 2020 - Nitin Gadkari | Reuters


NEW DELHI Indian refiners need to invest 300 billion rupees ($4.5 billion) to produce Euro VI complaint fuel, Road Transport Minister Nitin Gadkari said on Wednesday.

India has advanced the date for country-wide implementation of Euro VI compliant fuels by four years to April 1, 2020, in an effort to curb pollution.

Pollution levels in Indian cities have often been compared to China's Beijing. A WHO study in 2014 said India's capital city New Delhi had the worst air quality out of the 1,600 cities surveyed worldwide.

($1 = 66.7800 Indian rupees)

(Reporting by Nidhi Verma; Editing by Malini Menon)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Jan 6, 2016 16:14 IST

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