KASARAGOD: Dubai-headquartered Neutral Fuels, a clean energy company, and Qatar-based Erigo Bio Fuels have joined hands to set up a biodiesel plant in Kasaragod, the first in Kerala. Karl W Feilder, founder and CEO of Neutral Fuels, and Erigo Bio Fuel’s MD Haksar C H met collector Bhandari Swagat Ranveerchand and briefed her about the business model.
The plant will convert used and waste cooking oil into biodiesel, and will have a capacity to produce 500 tonnes of biodiesel every month, said Haksar, a native of Kozhikode.The plant is being set up on a two-acre plot at the government’s industrial development area at Ananthapuram. The unit will be operational by December. It will give direct employment to around 80 to 100 people in the first two years, apart from Kudumbashree and Haritha Karma Sena workers, who would be tapped to collect waste cooking oil from houses, hotels and eateries.
