Posts Tagged ‘biodiesel production’
New Biodiesel Refinery Processing Jatropha Oil In India
Receipt of the green light from the government is awaited by Mission Biofuel who are poised to build a biodiesel refinery in India, as the Cleantech Group from the States has advised.
The main base fuel to be processed at the new refinery and converted into biodiesel will be the green oil from the Jatropha plantations. The refinery will be located in a very poor region in India and the inhabitants are looking forward to an increase in prosperity as a by-product of the biodiesel production.
Jatropha plantations are restricted by Indian laws from being developed on land suitable for food production.
Biodiesel enjoys zero taxes and duties as a result of government initiatives aimed at encouraging biofuel production, whilst Jatropha growers have the incentive of a fixed minimum price for Jatropha seed.
Time To Look At Jatropha Green Oil Investment Programmes
This is clear indication (and there are plenty of other reports similar to this one) that Jatropha Green Oil Investment Programmes have one foot squarely in the door of the rapid and ceaseless investment in Jatropha Plantations and biodiesel production.
This is just one of many reports charting the rapid rise of the Jatropha biodiesel industry as a massive and expanding new phenomenon.
