My Eco Energy Eyes 10% of Telangana’s Diesel Market

by Y V Phani Raj (Telangana Today) Santosh Verma, co-founder, My Eco Energy, told Telangana Today, “Indizel has an edge over other diesel brands as it is made from the biodegradable products. This fuel will address environmental concerns.

Mumbai-based bio-diesel company, My Eco Energy, which has rolled out its latest Indizel outlet in Patancheru and has established five more outlets on the outskirts of Hyderabad, is planning to add 50 more outlets in Telangana by the end of the current fiscal and about 500 outlets, nationally. The company plans to have 150 outlets in Telangana and Andhra Pradesh in the short-term.

Santosh Verma, co-founder, My Eco Energy, told Telangana Today, “Indizel has an edge over other diesel brands as it is made from the biodegradable products. This fuel will address environmental concerns. It is not only a better alternative to ordinary diesel but is economical and suitable for the vehicle as it offers better fuel efficiency, ensuring a smoother ride as better lubricity provides longer engine life, maximises throughput of engine, and reduces noise. We are eyeing for 5-10 per cent of the nation’s diesel market. The total diesel market is today estimated 85 million metric tonnes per year.”

When asked about manufacturing and the core product differentiator, Verma said, “The product is currently produced in Singapore. Only this facility has the technology to produce it. We should be in a position to explore our options to manufacture it in India by 2021-22. The product uses raw material that is based on palm-derivatives. Ours is a non-fossil fuel, which is superior to other diesel forms and products. It is cleaner than compressed natural gas (CNG).” READ MORE