Jatropha to provide 500,000 jobs in Chhattisgarh, India

Indian Oil Corp (IOC) has inked a pact with Chhattisgarh Renewable Energy Development Agency (Creda) this week to float a joint venture for jatropha plantations on a wide scale in the next 5-6 years, according to official sources here Wednesday. ‘No less than 500,000 people will get jobs across the state during the next 4-5 years due to these jatropha plantations,’ a senior Creda official told IANS. ‘The memorandum of understanding (MoU) signed between IOC and Creda Nov 19 here for a joint venture for massive jatropha plantations in the state would produce 300 tonnes of bio-fuel per day in the next 4-5 years.

Read more info here

posted by Sudha @ 12:39 AM