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Bio-fuels seminar on August 25

The Federation of Andhra Pradesh Chambers of Commerce and Industry (Fapcci), in association with city-based Sampada Farms and Consultants, is organising a national seminar on bio-fuels ‘Bioleum – 2004’ here on August 25.

O P Goenka, president of Fapcci, told a press meet that the federation had decided to organise the meet in view of the growing interest among the governments and the farmers on the potential of bio-fuel plantations as a source of sustained livelihood.

The bio-fuel plantation acquired significance as the governments were recognising the need to find a renewable alternative to conventional diesel oils in the wake of inflating import bills of crude oils, he said.

India alone imported around 70 per cent of its total required crude oils worth Rs 90,000 crore in 2002, he pointed out.

Goenka said that the country had around 30 million hectares of waste land which could used to cultivate energy plants.

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