Updated on 19 February 2014
The day-long conference will focus generating suggestions to bring about changes in the national biofuel policy
Bangalore: The Karnataka State Biofuel Development Board has announced that the national conference on Biofuels will be held in Bangalore on February 22 this year. The board stressed that the event will focus on ‘Accelerating Biofuel programmes in India'.
The day-long conference being held at Hotel Capitol in Bangalore will focus on generating winning ideas from the pioneers in the industry to eventually look at some intervention and suggestions to bring about changes in the national biofuel policy.
Speaking about the need for the intervention, Mr A K Monnappa, managing director, Karnataka State Bio Fuel Development Board, quoted facts. He said, "India imports over 80 percent of its petroleum needs spending a whopping Rs Eight lakh crore a year ($128,640 million), which is the single-most critical component of the import bill of the nation. This is not only exerting a lot of financial stress but also leading us towards an energy crisis. In spite of such imports, rural India suffers energy shortages which is adversely affecting agri-operations and quality of life, resulting in avoidable migration to urban areas."
He further said, "It is estimated that India has the potential to substitute at least 30 percent of these imports through biofuels which could make a huge difference to our foreign exchange situation and to rural prosperity. If we could do miracles in food and milk production, we can definately report the success in biofuels too."
Adding, "This conference will be inaugurated by Dr Satish B Agnihotri, secretary, MNRE. He would also be chairing the concluding session of the conference. Through the conference we aim to address some of the major concerns of the value chain of the biofuel development program. Our counterparts from Tamil Nadu, Andhra Pradesh, Chattisgarh, Bihar, Madhya Pradesh, and Maharashtra amongst others would present their success stories. The reviews of various stakeholders would be heard."
He said, the executive chairman of the board, Mr GVK Rau, ACS and development commissioner and Mr Vijay Bhaskar, ACS, department of rural development and Panchayat Raj of Government of Karnataka will also be present at the event.