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Regarding the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative, consider the following statements:
1. On October 1, 2018, Oil and Gas Marketing Companies (OGMCs) launched the SATAT scheme, which invites potential entrepreneurs to submit Expressions of Interest (EoI) for the procurement of compressed biogas (CBG).
2. Under the SATAT scheme, 9 CBG plants have been commissioned and are now supplying CBG.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Regarding the SATAT (Sustainable Alternative Towards Affordable Transp...
Union Minister for Petroleum and Natural Gas informed Lok Sabha about SATAT scheme.
  • SATAT scheme was launched on October 01, 2018 wherein Oil and Gas Marketing Companies (OGMCs) are inviting Expression of Interest (EoI) from potential entrepreneur to procure Compressed Bio Gas (CBG).
  • Under this scheme few of the enablers like assured price for offtake of CBG with long term agreements by OGMCs; inclusion of bio manures produced from CBG plants as Fermented Organic Manure (FOM) under Fertilizer Control Order 1985; inclusion of CBG projects under Priority Sector Lending by RBI have been provided.
  • So far 9 CBG plants have been commissioned and started supply of CBG under SATAT scheme. These plants are located in Andhra Pradesh (1 No.), Gujarat (3 No.), Haryana (1 No.), Maharashtra (3 No.) and Tamil Nadu (1 No.).
  • These plants are set up by entrepreneurs and private companies who have raised financial resources to develop these plants on the basis of LoIs issued by OGMCs.
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Regarding the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative, consider the following statements:1. On October 1, 2018, Oil and Gas Marketing Companies (OGMCs) launched the SATAT scheme, which invites potential entrepreneurs to submit Expressions of Interest (EoI) for the procurement of compressed biogas (CBG).2. Under the SATAT scheme, 9 CBG plants have been commissioned and are now supplying CBG.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Regarding the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative, consider the following statements:1. On October 1, 2018, Oil and Gas Marketing Companies (OGMCs) launched the SATAT scheme, which invites potential entrepreneurs to submit Expressions of Interest (EoI) for the procurement of compressed biogas (CBG).2. Under the SATAT scheme, 9 CBG plants have been commissioned and are now supplying CBG.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative, consider the following statements:1. On October 1, 2018, Oil and Gas Marketing Companies (OGMCs) launched the SATAT scheme, which invites potential entrepreneurs to submit Expressions of Interest (EoI) for the procurement of compressed biogas (CBG).2. Under the SATAT scheme, 9 CBG plants have been commissioned and are now supplying CBG.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative, consider the following statements:1. On October 1, 2018, Oil and Gas Marketing Companies (OGMCs) launched the SATAT scheme, which invites potential entrepreneurs to submit Expressions of Interest (EoI) for the procurement of compressed biogas (CBG).2. Under the SATAT scheme, 9 CBG plants have been commissioned and are now supplying CBG.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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