|
Tata Motors
collaborates with Indian Oil Corporation for its bio-diesel programme
March 29, 2005
Tata
Motors, Indias largest integrated automobile manufacturer, announced a pilot
programme for use of Bio-diesel for its fleet of buses a project jointly
undertaken with Indian Oil Corporation. In the presence of dignitaries from Tata
Motors and Indian Oil Corporation, a petrol pump, exclusively dedicated for bio-diesel
was unveiled and a fleet of 43 buses was flagged off from the Tata Motors facilities
at Pimpri, Pune. Speaking on the
occasion, Dr Sumantran, executive director- PCBU and ERC, Tata Motors said, Tata
Motors has in recent years undertaken a number of R&D projects towards adoption
of environmentally friendly technology. In addition to fuel conservation and exploration
of hydrogen-based fuels, the company has also stepped up its efforts to utilise
renewable bio-fuels. In this initial phase, 43 of the companys fleet of
buses plying in and around Pune will run on bio-diesel blend. This symbolises
the next step in expanding use of bio-diesel. Tata
Motors has been working on a Bio-diesel program in collaboration with Indian Oil
Corporation. The introduction of the fleet of buses is a clearly a milestone for
the companys bio-diesel program allowing Tata Motors to take lead in the
private sector to operate a fleet of buses on Bio-diesel blend. It sets the trend
for the Indian auto industry. Bio-diesel,
as a fuel source has met with significant success in the United States of America
and Europe. The benefits of adopting bio-diesel include significant reduction
in pollution levels emissions of carbon dioxide, carbon monoxide and particulate
matter. In addition, reducing dependence on oil import will result in strategic
benefits for the country. From a long-term perspective adopting bio-diesel will
enhance agricultural produce and create new jobs in the field of cultivating crops
used in the manufacturing and processing of bio-diesel. Tata
Motors, with revenues of over US$ 3.5 billion (FY 2003-04), is a flagship company
of the Tata Group. It is the worlds fifth largest medium and heavy commercial
vehicle manufacturer and produces more than 150 commercial vehicle models with
a range of light, medium to heavy-duty trucks, buses and tractor-trailers. Tata
Motors is the second largest player in the domestic passenger car market in India.
Two of its five passenger vehicle brands are among the top ten selling models
in India. |