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Southern Online Bio Technologies starts operations at Bio diesel unit in Visakhapatnam

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Capital Market

Recieves supply order from APSRTC and LoA from Ministry of Railways, IRAOF

Southern Online Bio Technologies announced that the Company's Bio diesel unit at Visakhapatnam, Andhra Pradesh which was effected due to Hudhud cyclone occurred on 12 October 2014 has been restored and commenced commercial production.

Further, the Company has informed that the Company has received an order for supply of Bio Diesel (B-100) towards annual requirement for 10% blend from Andhra Pradesh State Road Transport Corporation (APSRTC) for its 78 Depots.

Further, the Company has informed that the Company has received Letter of Acceptance from Ministry of Railways, Indian Railways Organisation for Alternate Fuels (IRAOF) for Execution of Balance work of setting up Automated 30 TPD Bio diesel plant on turnkey basis on existing building site at Raipur (Chhattisgarh) along with subsequent Operation, Maintenance and Supply of Bio diesel to Railways.

 

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First Published: Jan 08 2016 | 11:12 AM IST

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