The Hindu Business Line : Rlys, IOC tie up to produce bio-diesel

a tie-between Indian Oil Corporation (IOC) and Indian Railways (IR) to plant and produce Jatropha Curcas in 500 hectares of the Railway land which, in turn, can produce 800 tonnes of bio-diesel per annum.

Under an agreement signed here between IOC and IR, Railways would offer 500 hectares of its land on lease to IOC in Gujarat and Rajasthan.

The price of diesel, at current estimates would be in the region of Rs 11-12 per litre through the final price would be decided through negotiation between the Railways and the IOC.

Production of bio-diesel consists of doping diesel produced from crude with five per cent of Jatropha Curcas, commonly known as Rattan Jyoth in the north.

Railways have already tested the bio-diesel fuel on a diesel locomotive hauling the premier Shatabdi Express between New Delhi and Amritsar and found it to be successful.

Under the agreement, IOC will take up plantation, collection of seed, extraction, blending and testing by outsourcing some or all of the activities.

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