Summary:
By Express News ServiceCHENNAI: The Indian Institute of Technology, Madras (IIT-M) has collaborated with ExxonMobil Research and Engineering Company (EMRE) for research on energy and biofuels. One of the projects being taken up under this research collaboration is to develop novel approaches to convert Indian agro residue biomasses to sugars and high value-chemicals. ExxonMobil has spent more than $9 billion since 2000, developing and deploying lower-emission energy solutions. To achieve this, it has to develop technical solutions, which start at the research level,” said Vijay Swarup, Vice President of Research and Development, EMRE. India’s huge biofuel potential is expected to get realized in the near future with the ‘new biofuel policy’ of India, said the statement..