Business Daily from THE HINDU group of publications Thursday, Nov 16, 2006 ePaper |
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Agri-Biz & Commodities
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Sugar Industry & Economy - Non-conventional Energy Web Extras - Industry Associations National body for bio-diesel producers Our Bureau
Mumbai , Nov. 15 With the main objective of encouraging bio-fuels, especially bio-diesel, and assuring sustainable agricultural growth, rural development, energy security and equal opportunity for the masses with overall environmental protection, a Biodiesel Association of India (BDAI) has been formed. According to Mr Sandeep Chaturvedi, President of the newly formed body, world over there is now a concerted move to achieve with one action a three-pronged objective - ensure energy security, support agriculture and sustain environment. This is sought to be achieved through a silent revolution in the form of bio-fuels, that is bio-ethanol and bio-diesel, he said.
Judicious balance
A comprehensive bio-fuels policy that judiciously balances the interests of primary producers, processors and consumers can help boost out bio-energy output, meet rising energy demand, help raise rural incomes and sustain the ecology, through green fuels, BDAI has asserted.
Several corporates including those in already in the energy sector as well as aspiring new entrepreneurs and service providers are already members of the association.
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