IOC Faridabad unit to pump in bio-fuel; R&D unit gearing to reduce pressure on conventional fuel

The Indian Oil Corporation (IOC) Limited’s R&D facility in Faridabad is going to unveil second generation bio-fuels in the next 3-4 years, as a result of a decade-long rigorous research work. Confirming the development, Dr RK Malhotra, director of the research facility said, “If the research and development work initiated for second and third generation bio-fuels succeeds, in next 3-4 years the pressure on supply of fossil fuels will go down by around 10 percent.”