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February 09, 2009 | Jim Lane | Comments 0

Bharat set for $438 milion, 10-refinery jatropha biodiesel project in India

In India, Bharat Renewable Energy announced that it will invest $438 million in a biodiesel project in Uttar Pradesh. Bharat Petroleum said it has set up a joint venture with Nandan Biomatrix and Shapoorji Pallonji that would construct 10 refineries and 200 jatropha oil extraction units in Kanpur, Jhansi, Laltpur, Chitrakoot and Sultanpur. The project would create a 270 Mgy of biodiesel capacity. The company also said it was investigating comparable projects in other states.

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