Kakinada to have a bio-diesel plant

March 09, 2005 | Wednesday | News

Naturol Bio-Energy will set up a 300 TPD integrated bio-diesel plant in Kakinada Special Economic Zone (KSEZ). The plant will be set up at an estimated cost of Rs 139.50 crore by Naturol Bio-Energy India in a JV with Energea GmbH, Austria. KSEZ is a port based special economic zone project in Kakinada promoted by Kakinada Sea Ports Ltd, ONGC and IL&FS. "We are pleased to sign the MoU with Kakinada SEZ. SEZ will make the implementation process more efficient and timely as SEZ will grow to become a fully developed operating port that will have solid infrastructure facilities to support our integrated bio-diesel project," Bhaskar Chalasani, managing director, Naturol Bio- Energy said.

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