Marphatia, Ravi
May 2008
Paintindia;May2008, Vol. 47 Issue 5, p66
Trade Publication
The article covers issues related to bio-fuel in India as of May 2008. A joint venture company will be formed by Bharat Petroleum Corp. Ltd. (BPCL) with Nandan Biomatix Ltd. and Shapoorji Pallonji & Co. Ltd. to grow jatropha and karanja plants in Uttar Pradesh to produce oil. The move to withdraw levies on ethanol is said to follow the request by the prime minister to exempt ethanol from taxes and levies. It discusses the impact of the increasing prices of crude oil on specific sectors such as textiles and automobiles.


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