My Eco Energy to soon start domestic production of
City-based My Eco Energy has said it will soon commence the domestic production of its non-petroleum based fuel Indizel from two manufacturing plants in Maharashtra and Gujarat.
The company is also looking to have as many 100 outlets across the country by March next year as part of its retail network expansion plans, My Eco Energy co-founder Santosh Verma said.
It claims to be the first domestic firm to produce and market bio-diesel made out of palm under the label of Indizel, which is made out of the basic palm fatty acid distillate (PFAD).
PFAD is waste of palm seeds and conforms to petroleum diesel (HSD) EN590 and BIS 1460 specifications for use with existing engines. The fuel, Verma claims, outperforms petroleum diesel in performance, emissions and price, among others and is Euro VI compliant,
"Till now, we were importing it from Singapore which has now been stopped. We are looking to start domestic production of the fuel from our Pipavav (Gujarat) and Dighi ...