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Friday, October 14, 2005

Business Opportunities in Pongamia Seeds

The demand for the traditional Pongamia tree—today at the level of 5 million saplings—is growing fast as innovative new uses for it are being discovered.
As the trees grow they sequester carbon. Oil is extracted from the seeds of the tree, which resemble almonds, in the village oil mill installed by a local government agency.
The oil substitutes for fuel oil replacing tree cutting for fuel-wood, and the left over oil cake substitutes for chemical fertilizer on the villagers’ FarmsAn oil mill in Powerguda village extracts oil from the seeds of Pongamia pinnata that produces oil from which electricity is generated and power pumps are run.
Oil from pongamia, a native tree species, substitutes petroleum diesel, a fossil fuel, and lowers carbon emission substantially.
Read about the business opportunites here

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