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Our Correspondent

Madurai , Sept 26

The Sattur Chamber of Commerce and Industry has urged Prime Minister Dr Manmohan Singh to provide an impetus to the production of bio-diesel as an alternative fuel.

In a letter addressed to the Prime Minister, the Chamber Secretary, Mr P.T.K.A. Balasubramanian while welcoming the Central Government's plan to promote bio-diesel production from jatropha in the context of high international crude prices and the likely shortage of petroleum products in future years, has observed that unless it becomes available at Rs 20 per litre, the scheme may not prove remunerative.

The other scheme to produce bio-diesel from the Pungai tree will also be remunerative only if it is available at Rs 20 per litre. The oil from Pungai may cost less relatively as the tree needs to be maintained only for a year, after which it grows on its own to give yields for 30 years. The trees can be planted in plenty wherever the thorny Veli Karuveli trees grow. It is not clear, however, whether Pungai oil would attract tax from State and Central Governments, he said.

More Stories on : Non-conventional Energy | Industry Associations | Tamil Nadu

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