From correspondents in Delhi, India, 02:11 PM IST

IKF Green Fuel Limited, an upcoming Bio- Diesel firm has organized one day workshop on 18th May, 08 at Institute of Health and Family welfare, Jaipur, Rajasthan. On this occasion, senior officials were present from NIAM, Rural Development, Agriculture Department and Financial Departments. Over 50 Agri - graduates have attended the workshop and the aim was to acquaint the Agri-graduates about Jatropha plantation and contract farming for producing Bio- Diesel.

In the work shop, they have facilitated the information on Jatropha cultivation and prospects of Bio-Diesel. IKF Green Fuel have also done the same workshop in Nagpur on May 14, 2008, where in over 76 Agri – Graduates attended and got benefited by the business plan which we have provided in the business model through our work shop and most of the attendees have entered into our business plan for expansion of our business in the Maharashtra state. .The focus is to create general awareness about Jatropha / Biofuel among Stakeholders i.e. State Government, Agriculture Graduates, Bio Fuel Authority (BFA), Agriculture Department, Rural Development deptt. etc. and to understand the existing policy of BFA and State Government regarding Jatropha / Biofuel.

Mr. Anil Roongta, Project Director of IKF Green fuel Limited, said “Jatropha is an important source of Bio-Fuel. Bio-fuel is not only economically cheap but also an eco-friendly fuel. Mr. Roongta added that the climate of Rajasthan is immensely suitable for Jatropha cultivation. It is easily cultivable in wasteland and it can generate lot of employment opportunities for the rural youth. The company is doing Jatropha plantation in 30,000 hectare of land in Meghalaya and the company now plans to undertake this activity in Rajasthan in 50,000 hectare of land”.

The company already has started Jatropha plantation in 1000 hectare of land in district Udaipur. IKF Technologies Ltd. has a Bio-fuel refinery in Udaipur and the capacity of the refinery will be expanded to 100MT in future.The state Govt. of Rajasthan has also established a Bio-fuel Authority with policies and guidelines. The company also intends to establish Rural Business Hubs in Rajasthan with the support of Govt of India. These hubs will facilitate employment opportunities for the rural people.”

IKF Green Fuel Limited is exploring the possibility of engaging agriculture graduates either as business associates, channel partners or contractual employees or franchisees for contract farming and establish liaison with various stakeholders in Rajasthan to understand and promote the overall scenario of Jatropha / Biofuel / Waste land allocation in Rajasthan.

Source: Press Release Distribution via India PRwire