So while the world is shouting-out-loud about alternatives, what’s the state of affairs con
cerning the perils from conventional fuels in the Indian sub-continent? Oil companies in India have only just started giving their public image a shade of bright, beautiful, fluorescent green. ONGC CMD R. S. Sharma, at the ONGC analyst meeting stated on the issue, “We are moving towards integration of energy business... Talking about alternate sources of energy, we have wind power, clean coal opportunities. CBM (coal bed methane) & UCG (underground coal gasification) have added new dimension to our business.” ONGC is setting up a 50 MW wind energy plant in Gujarat for their own use, with investments of Rs.2.5 billion. Simultaneously, BPCL is also investing Rs.5 billion for a 100 MW plant in phases. IOCL too is making significant investments in bio-diesel, procuring it from UP farmers at Rs.25 per litre.
For Complete IIPM Article, Click on IIPM Article
cerning the perils from conventional fuels in the Indian sub-continent? Oil companies in India have only just started giving their public image a shade of bright, beautiful, fluorescent green. ONGC CMD R. S. Sharma, at the ONGC analyst meeting stated on the issue, “We are moving towards integration of energy business... Talking about alternate sources of energy, we have wind power, clean coal opportunities. CBM (coal bed methane) & UCG (underground coal gasification) have added new dimension to our business.” ONGC is setting up a 50 MW wind energy plant in Gujarat for their own use, with investments of Rs.2.5 billion. Simultaneously, BPCL is also investing Rs.5 billion for a 100 MW plant in phases. IOCL too is making significant investments in bio-diesel, procuring it from UP farmers at Rs.25 per litre.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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