Nov 29: An intrepid entrepreneur has decided to set up what is being called a "drop in" bio-fuel based plant to produce petrol and diesel.
8"Drop in" would mean that the fuel produced is exactly interchangeable and compatible with conventional fuels.
8The renewable source is bagasse.
8The process technology is licensed from an international oil major.
8The technology is based on continuous catalytic thermo-chemical process.
8The cost of the project is Rs 1230 crore
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