| Talking with Business Standard, Santosh Phathak, chairman of GOCL, said, "We have planned to set up a bio-diesel plant in Chhattisgarh with a production capacity of 50 tonne per day." The company was in advanced stage of talks with the Chhatisgarh government to acquire land for setting up the bio-diesel plant. |
| With the production facility at Chhatisgarh, the company will be able to cater Jharkhand, Madhya Pradesh and Bihar markets along with Chhatisgarh. The company expects that the consumption of bio-diesel will increase in these states due to rising oil prices. |
| GOCL has also asked the state government to encourage farmers in the state to undertake jatropha cultivation in order to get abundant supply of raw material for the production of bio-diesel. "We want to bring approximately 10 lakh hectares of land under jatropha cultivation," he said. |
| The company wants to enter into contract farming for jatropha in Chhattisgarh by bringing the Panchayat and farmers together. |
| When asked about the investment in the bio-diesel project, Phathak, said the financial proposition was yet to be finalised. The company intends to gradually increase the production capacity up to 300 tonnes per day once the project is conceived. |
| The finalisation of the project, according to Phatak, was delayed due to the sudden change in guard in Chhattisgarh. However, the project will take shape once the talks with the new state government in Chhattisgarh is brought to a conducive conclusion, he added. |
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