D1 Oils plc (D1), the UK-based biodiesel producer, has signed an oil supply agreement with Rural Power Marketing Company (RPMC), an agri-business consultancy, covering 14,000 hectares of jatropha, the primary feedstock, in northern India.
According to a company statement, under the agreement RPMC will develop jatropha plantations of 10,000 hectares in Uttar Pradesh and 4,000 hectares in Himachal Pradesh in 2006.
Over the next three years, RPMC intends to step up jatropha planting across the two states, the statement said. The planting will be carried out through a combination of RPMC managed plantations and contract farming. RPMC will supply the crude jatropha oil (CJO) produced to D1 for biodieselproduction.
Posted On : 6/22/2006 5:15:44 PM