Karnataka is all set to open the country’s first bio-fuel distribution bunk of Bharat Petroleum Corporation Ltd in Hassan. Speaking at an event organised by the State Biofuel Development Board on Thursday, its Executive Chairman Y.B. Ramakrishna said, “We have several biofuel-related projects going on. We already have a Green Fuel Park at Madenur village, which produces about 300 litres of biofuel and Bharat Petroleum will open a green fuel outlet within the next three months in Hasan”.
Stating that there is vast scope for producing bio fuel in the country, Mr Ramakrishna said the Centre should come out with a bio fuel policy which can not only address fuel needs, but also save crores in foreign exchange which is spent on import of crude oil.