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Towards bio-diesel.
- Article from:
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Economic Review
- Article date:
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June 1, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Economic and Industrial Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AT a time when bio-fuels have suddenly become the new villains of the food crisis and being discouraged the world over, Pakistan is thinking in terms of using these as an alternate energy source.
The state-run Pakistan State Oil, which successfully carried out an experiment of blending ten per cent of ethanol with gasoline in 2006, has now started work on a similar project under which five per cent of bio-diesel will be mixed with diesel and offered for sale by 2015.
The ministry of water and power has allowed exemption of customs duty and sales tax on import of plant, machinery, equipment and specific items used in production of bio-diesel. A decision to this effect ...