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Page added on February 3, 2008
Bio-fuel bubble: India
BANGALORE: The bio-fuel bubble built over the jatropha rage may not last long as the jatropha cultivation and production of bio-fuel from it is facing major hurdles now in India.
In-depth research into the field has shown that if the present trend continues, India
According to a Rabobank report, quoted widely by the media in India, lack of R&D, farmer-level support and questions over the commercial viability were enough reasons to dash the bio-fuel dream in India.
Report on the research paper said subsidising jatropha seed production as well as bio-diesel production during the initial period is a welcome step.
The current price of Rs 26.5 per litre for bio-fuel is too low to sustain the sector. That rate will not help the sector to produce the fuel and continue the trade with some profits.
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