India’s Entegra to invest Rs750m in biodiesel arm

20 December 2007 10:32  [Source: ICIS news]

MUMBAI (ICIS news)--Entegra plans to invest Indian rupees (Rs) 750m ($19m) in its wholly owned subsidiary Enertech Biofuels to boost its biodiesel projects, the company said on Thursday.

The hydro-development firm plans to set up a biodiesel refinery and jatropha plantations, it said in a statement.

Entegra did not disclose the location for the plantation and refinery, or any other project details, in the statement to the Bombay stock exchange.

($1 = Rs39.55)

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By: Aaron Rodrigues
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