M11 Industries Private Limited, a subsidiary of M.K. Agrotech Private Limited,commenced operations at its biodiesel plant in Padubidri, Udupi district of Karnataka. The state-of-the-art facility is established under the ‘Make in India’ initiative with an investment of ₹350 crore. The company claims that the plant is the largest in India.
The plant is designed to convert used cooking oil and other waste oils into biodiesel with a production capacity of 450 tonne per day. The biodiesel will be supplied to oil marketing companies with the mission of reducing import dependency and meeting the 5% blending mandate.
Karnataka Legislative Assembly Speaker U.T. Khader had recently inaugurated the plant in the presence of Yenepoya Group Chairman Yenepoya Abdulla Kunhi, NMAM Institute of Technology Biotechnology Department head P. Ujjwal, Desmet Ballestra Director N. Srinath Shetty, and M11 Industries Managing Director Subhan Khan.
Tags: Biodiesel, Karnataka, M11 Industries
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