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Indian algae-based biodiesel plant commissioned

Company plans construction of biodiesel plant using algae which will also be used for fish feed and proteins

Several companies and government agencies are looking into ways to make algae fuel production, which is a more CO2-frendly alternative fossil fuels, commercially viable

Technology company, World Health Energy Holdings has agreed with Indian industrial and transport company, Prime to build a biodiesel production facility fuelled by algae.

The development will be built on 250 acres with a budget of USD 100m. Prime has tested batch samples of spirulina algae which it plans to cultivate under the project, for biodiesel production.

The proposed areas for the development are in Tamil Nadu and Karnataka, India, and once built the facility will use ‘algae enhancement technology’, also known as the GB3000system, to grow algae for the production of biofuel. The algae will also be used for fish feed and proteins.

A “significant number” of algae projects are due to be completed in 2012, according to Liran Kosman, CFO of World Health Energy.

“It is exciting to see that our customers are not only impressed with the competitive cost of our systems, but are also surprised by the high quality of the algae we grow for high yield biofuel production,” she added.

The cultivation system has already been used to grow a combination of local algae species, such as chlorella, which can be used to produce biodiesel.

GNE-India owns and retains the territorial rights for distribution and sales of the proprietary technology to both India and Sri Lanka. The company has exclusive distribution and licensing rights to the GNE GB 3000 system in India and Croatia.