Indian Oil issues letters of intent for 6 biodiesel plants
NEW DELHI : Indian Oil on Tuesday issued letters of intent for the set up of six plants to make biodiesel from used cooking oil after an “encouraging response” to an expression of interest from the refiners.
Plants with an overall capacity to produce 10,200 tons of biodiesel each year are slated for Gujarat, Uttar Pradesh and Rajasthan, the state-run oil refiner said in a tweet.
In August, Indian Oil, Hindustan Petroleum and Bharat Petroleum released an expression of interest to purchase biodiesel from used cooking oil. The retailers are seeking leftover cooking oils from bulk consumers such as hotels, restaurant and canteens across 100 cities.
