
Indian Oil, Praj Industries shares surge up to 9% on JV for biofuels
Indian Oil and Praj Industries to form a joint venture for building biofuels production capacities in India.
Indian Oil and Praj Industries to form a joint venture for building biofuels production capacities in India.
The industry needs incentivisation to set-up bio-fuel plants in the agrarian hubs like Punjab, Haryana and Uttar Pradesh.
SpiceJet plans to operate 25% of its flights using biofuel, most probably on short-haul routes, and the rest on traditional jet fuel.
No one younger has been picked to lead a top energy company in India than Nitin Prasad. His goal: To steer the Anglo-Dutch giant beyond oil and gas into new frontiers like technology and biofuels.