The newest entrant in the taxi business in the metropolis has also vowed to be the greenest on this World Environment Day. While rival taxi companies are slowing down on EV plans, S3 Cabs has got the approval and tie up for a mobile bio-diesel distribution pump. The pump will be used to fill bio-diesel for its cabs across Mumbai.
Speaking on the development Sohel Kazani, Managing Director – Interport Impex Pvt Ltd said
I am very excited that we have received a fantabulous response from the drivers and riders both. As a company, Sahyadri Smart Safe Private Limited was a late entrant in the business, but we always wanted to be the path leaders. Going forward with our vision, we have procured the equipment and supply for bio-diesel distribution.
The mobile bio-diesel distribution van will travel all over the Mumbai and have fixed timings at South Mumbai and near all Mumbai entry points. In the first stage we only want to supply the fuel to our taxis, if we are surplus, we will distribute it to other vehicles too.
The average consumption of fuel by the cab owners based on 300km per day traveling amounts to 30 liters of diesel, and that equals to INR 2200 per day. A 40% reduction would mean INR 880 saving per day on fuel account or as much as INR 26000 approx a month by using bio-diesel and the oxy-power unit. A pilot study made us understand that it keeps the fuel systems and fuel injector cleaner thus reducing the vehicle maintenance cost and increasing the mileage. It will also help in additional employment generation. We would like to work closely with the government to make the shift to biofuels happen and we hope that they lower the GST on bio-diesel to 5%.
Bio-diesel blend has been made a mandate in many countries. The government had recommended a blend in 2017 but the same has not been made compulsory. Bio-fuels also reduce the emissions making the environment cleaner.
It would help the economy by reducing crude import; India imports approximately 8 Lakh crores of crude oil annually. Also, it is priced lower than convention diesel, resulting in savings for the drivers. Shifting to bio-fuels is also a long-term solution to the problem of rising fuel prices. There is no major infrastructure change required compared to EVs where major infrastructure investment is required on charging points.
At the commercial inception of the cab services, S3 had provided a patented technology registered as ‘Oxy Power’ to all its drivers. This technology requires an external fitment in the car and helps in the better utilization of the fuel resulting in 20% and 30% reduction in fuel consumption. Reduced fuel consumption helped the taxis to operate at flat fares all the times. Now with Bio-Diesel, there will be further 5%~10% reduction in fuel costs resulting in Net overall 40% reduction in fuel bill to be paid by the taxi owners.
Biodiesel can be used in any diesel car without any additional modification as in the case of CNG. It is cleaner and more efficient than regular diesel. Biodiesel can be used alone or blended with regular diesel in any proportions. Nitin Gadkari, hon. Minister of Road Transport has been advocating the use of bio-fuels for a very long time. He has mentioned on several occasions that there is an urgent need to re-think and revisit transport infrastructure and fuel dependency across not just India, but the globe.