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Autogas station owners want tax holiday to promote green fuel

  • Staff Correspondent
  • 18th March, 2023 06:27:42 PM
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Autogas station owners want tax holiday to promote green fuel

Autogas station owners on Saturday urged the government to provide tax holiday for 10 years to promote the use of liquefied petroleum gas (LPG) as environment friendly green fuel.

Bangladesh PG Autogas Station and Conversion Workshop Owners Association president Mohammad Serajul Mawla said the world is moving to green fuel for protecting the earth.

“In our country, over 800 companies have invested millions taka in the industry of auto gas. We need policy support to promote the green fuel. We have already got LPG-run three-wheeler. There is research to introduce LPG in motorcycle as well,” Mawla said while addressing the annual general meeting (AGM) of the association at Raowa Club in Dhaka.

The industry leader also requested the government to provide one-stop services for the auto-gas owners who are promoting environment-friendly fuel towards sustainability.

Serajul Mawla briefed the annual performance of the trade body while its secretary general Hasin Parvez also spoke on the occasion.

Bangladesh LPG Autogas Station and Conversion Workshop Owners Association was launched in 2019 with the aim of providing environment-friendly LPG as an alternative fuel to consumers at affordable prices.

Autogas is the common name for liquefied petroleum gas (LPG) when it is used as a fuel in internal combustion engines in vehicles.

It is a mixture of propane and butane which are widely known as green fuel for less reduction of CO2 exhaust emissions by around 15 percent compared to petrol.