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Employees stage protest during official's visit


Employees stage protest during official’s visit
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Clauses in wage revision contract aimed at divestment, says union
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Trade union members of BPCL-Kochi Refinery stage a protest during the visit of Petroleum Secretary Tarun Kapoor to the refinery on Monday.   | Photo Credit:
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Clauses in wage revision contract aimed at divestment, says union
Employees of Bharat Petroleum Corporation’s Kochi refinery here staged a “standup protest” on Monday during the visit by Union Petroleum Secretary Tarun Kapur to the refinery, to register their opposition to the proposed privatisation of the oil company.
The demands raised by the employees included withdrawal of the privatisation move as well as revision of salaries of the employees to bring them on par with that of employees of other oil companies, said a communication from the trade union here. ....

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20% ethanol blending in petrol can create economic activity of Rs 1 lakh crore: Petroleum Secretary


20% ethanol blending in petrol can create economic activity of Rs 1 lakh crore: Petroleum Secretary
Synopsis
Currently, the petrol sold in the country has above 5 per cent of ethanol, a bio-fuel extracted from various locally available sources.
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Mumbai: Blending 20 per cent ethanol with petrol can help create economic activity of over Rs 1 lakh crore every year in the country and save precious foreign exchange, Union Petroleum Secretary Tarun Kapoor said on Monday. Currently, the petrol sold in the country has above 5 per cent of ethanol, a bio-fuel extracted from various locally available sources.
We have done a calculation and we see that with the current programmes we have, which means that 20 per cent ethanol blending in petrol and the 5,000 compressed biogas plants which we want to set up, we could have an economic activity worth Rs 1 lakh crore every year, Kapoor said. ....

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