My Eco Energy, which is in the process marketing its bio fuel Indizel in the country, plans to capture nearly 10% of the diesel market in six to seven years, said a top executive. Additionally, it also plans to open nearly 4,000 fuel outlets in the coming three to four years.
Santosh Verma, co-founder, My Eco Energy, said, “We plan to market around 12 million tons of Indizel in the next five years that will help convert 10% of the total regular diesel consumed in India to Indizel. Also, our bio fuel will be on an average Rs 2 per litre cheaper than the regular diesel and will have very low fuel emissions.” Read More…
Credit By: The Economic Times
Latest posts by The Economic Times (see all)
- Train Accidents Have Declined In Last 3 Years: Rail Ministry – August 22, 2017
- Mega Essar-Rosneft Deal Cheers Lenders, Boosts Company – August 22, 2017
- Appellate Tribunal For Electricity Upholds Cancellation Of Licences Of 3 Odisha Discom – August 22, 2017