November 22, 2008

Aditya Aromedic starts commercial production of bio diesel

BS reported that Gujarat based Aditya Aromedic & Bio Energy Private Limited has recently started commercial production of bio diesel from Jatropha. The good news is that bio diesel marketed by the company is cheaper than the fossil diesel sold by oil marketing companies in India.

Registered in 2005, Aditya Aromedic started commercial production of bio diesel from Jatropha 3 months back. The production capacity of its plant located in Navsari district of South Gujarat is 17,000 liters per day. In a quick span of 3 months, it has developed a sizeable clientele in Ahmedabad, Nadiad, Vadodara, North Gujarat and other major cities such as Mumbai and Delhi.

Mr Dharmendra Parekh chairman of Aditya Aromedic said that "With the soaring crude prices, fossil fuels are going to get dearer in days to come. Bio diesel produced by our company is sold at a price of INR 38.90 per liter in Navsari, while the prices of regular diesel in the same area are around INR 39.20 per liter. Once the company scales up its production, the bio diesel cost may come down."

Having made an initial investment of INR 5 crore, Aditya Aromedic is now looking at a major expansion drive. Apart from Navsari, it already has bio diesel depot near Mehsana in North Gujarat. Soon, it plans to roll out bio diesel pump, which would be the first bio diesel pump in India.