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Beckons Industries Ltd setting up a bio disel plant at Derabassi

Beckons Industries Ltd is planning to set up a bio diesel plant using algae as feedstock at Derabassi in Punjab with an investment of Rs. 600 million with technical support from Austrian company and is planning to raise Rs.500 million through GDR. Mr. Gurmeet Singh – Mg.Dir. Bio Diesel has high component of unsaturated fatty acids and is also suitable as a bio jet fuel.

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