Tuesday, October 23, 2007

Successfully supplemented

Then there is jathropha derived bio-diesel which can be successfully supplemented with diesel. Being extracted from a process that is surprisingly on the basis of sugar production, jathropa which, being among the cheapest sources has attracted large firms like the erstwhile DaimlerChrysler, D1 Oils (which claims 1 million hectares of plantations), and now Reliance (which is set to enter the ray with plantations in the South). The sad part remains – there are no clear-cut policies outlined to encourage and streamline their activities in a uniform manner. For instance, wind energy contributes just 1% and solar contributes just 4-5%, primarily due to low numbers of trained manpower. As revealed by P. P. Bhojvaid, Senior Fellow, TERI, “The future of alternate fuels is uncertain because of ambiguous government policies. When it comes to bio-diesel derived from jathropha; even at 5% blending ratio, we need at least 11 million hectares of jathropa plantations.

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Source : IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative