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The Economic Times

Economy / The Economic Times

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India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix

India faces high energy import costs and a weakening rupee. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technology. This innovation promises substantial fuel savings and emission reductions for Indian industries. The technology requires no engine modification or plant shutdowns. Trials in India show promising results for refineries, steel plants, and power units.

17 May 2026 10:40 am