Abstract
Energy is a basic requirement for development and economic growth. Every sector of Indian Economy – agriculture, industry and transport, commercial and domestic – needs input of energy. Energy security is essential for economic development planning. There is an increasing demand of energy. Promotion of energy conservation and increased use of renewable energy sources are twin planks of a sustainable energy supply. India realized the importance of new, renewable and non-polluting energy sources more than two and a half decades ago and has found an answer in bio fuel, which is a clean energy source. But does it have potential to replace fossil fuels? There
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