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THE
HINDU
Nod for Southern Bio's project.
HYDERABAD: The Ministry
of Environment and Forests has granted 'Host country approval'
to the bio-diesel project proposed by Southern Bio Technologies,
Hyderabad, under the terms of the clean development mechanism
of the Kyoto Protocol. N. Satish Kumar, Managing Director, said
in a release that the Government approval would enable them
to sell certified emission reductions to global carbon purchasers
under the terms laid down by the United Nations Framework Convention
for Climate Change. Southern Bio Technologies is setting up
a bio-diesel plant at Chautupal in Nalgonda district of Andhra
Pradesh. - Our Special Correspondent
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