D1 Oils to 'comply' with India in Jatropha ruling

LONDON: D1 Oils, the UK biofuels producer that grows its own
materials, will "comply" with an Indian court ruling if found guilty
of violating laws designed to control foreign exploitation of the
nation's resources.

The Indian National Biodiversity Authority referred the company to a
court in the district of Raipur for allegedly using strains of
jatropha, a plant used to make biodiesel, without approval, the
authority's chairman said. Indian plantation accounts for 35 per cent
of D1 Oils' jatropha farming.

"The legislation in India should not apply to jatropha," Ronald
Oxburgh, D1 Oils chairman, said today. "Everything we did in India was
based on this belief. If it turns out to be wrong, we will certainly
comply."

London-based company D1 Oils is seeking to develop higher- yielding
jatropha seeds to boost production and meet growing demand for
alternative fuels.

It said that the company has plans to start a joint venture with BP
Plc, Europe's second-largest oil company, to plant jatropha, a
drought-resistant, oilseed-bearing tree.

http://economictimes.indiatimes.com/Oil__Gas/D1_Oils_to_comply_with_India_in_Jat\
ropha_ruling/articleshow/2379712.cms

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