Production Of Biodiesel In Pakistan

Abstract

The article presents the results of a study undertaken on economic viability of production of biodiesel and its acceptability in Pakistan. The secondary data regarding the possibility of production of biodiesel in Pakistan was collected by consultation of literature in different libraries such as D.H.A Library, LUMS Library, and the Libraries and Teaching Resource Centers of Lahore School of Economics. Secondary data was also collected from the material published by concerned establishments and by visiting various websites on Internet. The data gathered from different sources were processed to design alternative projects that were subsequently appraised to determine their Benefit to Cost (B/C) Ratio , Net Present Value (NPV) and Pay Back period (PBP). All the alternatives turned out to be technically sound and economically viable as B/C all evaluations was more than one, NPV was positive and PBP was relatively small.