IOC to launch new gas-based fuel Ain Assam
Indian Oil Corporation (IOC), Asia’s largest petroleum trading company, will soon introduce a new eco-friendly gas-based transportation fuel in Assam, the first such venture in the northeast of India. Auto-liquefied petroleum gas (auto LPG) can be used in most petrol cars by attaching a specially devised kit and tank costing about Rs20,000 (US$451). Bangalore, Cochin, Mumbai, Jaipur, and Ahmedabad are currently using Auto-LPG, which is slowly gaining in popularity. (December 15, 2006)