Reliance Industries has proposed to set up a bio diesel plant near its existing 33 million tpa petroleum refinery at Jamnagar in Gujarat. The new unit is expected to commission by 2008, dovetailing with the commissioning of the new 27 million tpa petroleum refinery of Reliance Petroleum.

The bio diesel plant is likely to cost Rs.2,000 crore -- with Rs.500 crore being towards the plant development and Rs.1,500 crore for Jathropa (the additive) cultivation. The company has identified 200 acres of land at Kakinada in Andhra Pradesh for the crop cultivation.

Reliance LifeSciences, also part of the Mukesh Ambani Group, will provide the technical know-how for the project. The company, incidentally, in the midst of a developing a massive research centre at Navi Mumbai.

The bio diesel thus produced will be distributed through the 1,218 existing retail outlets of Reliance Industries. The company has permission to set up 5,849 retail outlets nationwide.

Related Links:
Project profile