Last Saturday, India's first biodiesel plant started production in Kakinada, a citi in the state of Andhra Pradesh. The facility, owned by Naturol Bioenergy, is expected to produce 30 million gallons of biodiesel per year obtained from Jathropa and using Belgian technology.
According to the company, biodiesel costs less than normal diesel, although it's sold at a similar price. World biodiesel consumption was about 5 million tons in 2006, but it's expected to reach 100 million by 2016.
Other Indian green energy companies include Suzlon, which invests in windmills, and Moser Baer, working on solar panels. They all want to get their part in the alternative energy market, which is considered a great opportunity for business. We'll see what Greenpeace thinks about Jathropa biodiesel in India.
Related:
p>
According to the company, biodiesel costs less than normal diesel, although it's sold at a similar price. World biodiesel consumption was about 5 million tons in 2006, but it's expected to reach 100 million by 2016.
Other Indian green energy companies include Suzlon, which invests in windmills, and Moser Baer, working on solar panels. They all want to get their part in the alternative energy market, which is considered a great opportunity for business. We'll see what Greenpeace thinks about Jathropa biodiesel in India.
Related:
- Bolivia investing in biofuels, but with a special twist
- Hawaii looking to get jatropha trees for biodiesel stock
- Colombia investing hard on biofuels: 3 million Ha
p>
Sign in to post
Please sign in to leave a comment.
Continue