Bharat Petroleum to invest $480 million in jatropha cultivation; up to 1 million acres in focus
In India, Bharat Petroleum announced that it will invest up to $480 million in a plan to cultivate 1 million acres of jatropha on wasteland in Uttar Pradesh state. The announcement comes as the government has set a 20 percent biofuels target for 2018 and has imposed a 5 percent mandate for ethanol blending that will increase to 10 percent next month.
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jagdish | Sep 26, 2008 | Reply
In a densely populated country like India limited land is available for energy plantations like Jatropha. Limited widely dispersed plantation should produced not only for central processing but also for direct use as fuel, both cooking (to replace kerosene) and to run agricultural pumps. Degraded forest and farm lands, as also village waste lands can be used for this purpose.