Financial Daily from THE HINDU group of publications
Wednesday, Dec 01, 2004
Financial Daily from THE HINDU group of publications Wednesday, Dec 01, 2004 |
|
|
|
|
|
Corporate
-
New Projects Nandan Biomatrix to set up R&D unit for jatropha Our Bureau
Hyderabad , Nov. 30 BIO diesel major D1 Oils of UK and the Hyderabad-based Nandan Biomatrix Ltd (NBL) have entered into an agreement for establishing a research and development centre for jatropha seedlings and also to set up a seed bank for bio diesel plantations. The R&D facility is aimed at developing both site and region specific Jatropha clones to be distributed across the globe, catering to the large-scale requirements of quality jatropha seedlings enabling the development of catchment areas internationally. This initiative is in response to the large-scale Jatropha plantation programmes that both the companies have planned, according to a NBL press release here on Tuesday. The facility is built with an investment of Rs. 3.2 crore, wherein 75 per cent is contributed by Nandan and 25 per cent by D1 Oils. It is spread across an area of 250 hectares in Medak district. D1 Oils has also initiated various R&D programmes with the Tamil Nadu Agricultural University for developing value-added products from jatropha plantations. Both the companies are keen on developing Intellectual Property Rights through this joint effort and research initiatives with TNAU, the press release added.
More Stories on : New Projects | Andhra Pradesh | Non-conventional Energy | Research & Development
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|