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Sunday, November 6, 2011

Indian white coal gains popularity in Europe

Sunday, 06 Nov 2011

Commodity Online reported that the white Coal produced from agricultural waste in Rajasthan has gained popularity in European countries.

The white coal produces very low level of carbon which helps to protect the environment as result the demand for the commodity has been rising in Europe as it enables to earn Carbon Credit points.

The rising coal price has also raised the demand for the commodity from Europe.

The environmentalists have praised the production of white coal as it is eco friendly and uses the waste materials from agriculture which was earlier thrown away. The production of white coal is also providing returns to farmers.

In India, Rajasthan has become the major hub for white coal. Over 200 units in Ganganagar, Kota and Jaipur.are in process of producing white coal.

According to Mr VK Parikh, environmentalist, the people who are using bio fuels are getting back 25% of their fuel cost. The major companies in the region are engaging in this production. The future of these industries is bright and it will grow. It is beneficial for the environment as well.

(sourced from commodityonline)

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