Indian-born industrialist setting up $2.5 bn urea unit in AustraliaMarch 9th, 2009 - 7:14 pm ICT by IANS
Perth, March 9 (IANS) An Australian company promoted by a New Delhi-born industrialist Vikas Rambal Monday announced plans to construct a $2.5-billion urea manufacturing plant at the Shotts Industrial Park at Collie in Western Australia.
With construction due to commence in early 2010, the urea plant being set up by Perdaman Chemicals and Fertilisers will generate 1,500 jobs during the three-year construction phase and around 200 permanent jobs once operations begin, the company said.
“The plant has the capacity to produce 2 million tonnes of urea per annum, and while we are looking at the opportunity to supply local markets, the majority will be exported for global use, especially to India,” Rambal, 41, said in a statement.
In India, his company is registered as Perdaman Agro with interests in renewable energy, especially in grid interactive photo-voltaic solar power plants and biodiesel refining activities.
The group is considering wind mills in Madhya Pradesh to generate 50 MW of wind power at an estimated investment of Rs.3.5 billion. It is also engaged in the bio-fuel aspects of renewable energy through its Jatropha development in India.
Rambal’s group has also planned a 50-acre Jatropa nursery in Gwalior district with plans to grow the plant in some 100,000 acres by 2010 to be used to make bio-fuels in Madhya Pradesh and Orissa.
Born in New Delhi in 1967, Rambal is a chemical engineer and spent the first years of his career working with Bharat Petroleum in India and was involved in a wide range of projects including refineries, apart from experience in the fertilizers business.
His group has business interest in coal, bio-diesel and chemicals and fertilizers.
- Government told to decide fast on bio-fuels programme: Parliament panel - May 07, 2012
- NIT Trichy study links nanoparticles to increased biofuel performance - Apr 09, 2011
- CII proposes bio-diesel price hike - Jan 02, 2011
- Cuba unveils its first biodiesel plant - Jul 17, 2012
- Centre initiates research on second generation bio-fuels - Mar 12, 2010
- Algae seen as cheapest, greenest bio-diesel source - Feb 18, 2011
- After juices, DRDO turns to bio-diesel - Feb 17, 2010
- Successful biofuel flight conducted in Mexico - Apr 03, 2011
- Cuba tests biofuel vehicle - Jul 23, 2012
- Emami Biotech to invest $80 mn in Ethiopia - Aug 03, 2009
- Reliance Power's second quarter operating revenue up 189 percent - Nov 08, 2011
- Oz-Indian businessman says 'offensive' Indian students to blame for attacks - Jul 13, 2009
- Indian company in Ethiopia for bio-fuel production - Dec 07, 2009
- Bio-fuel not at cost of food security: FAO - Oct 04, 2011
- India may see Finnair's first long-haul flight on bio-fuels - Jun 14, 2012
Tags: australia perth, bharat petroleum, bio diesel, bio fuel, bio fuels, business interest, chemical engineer, construction phase, fertilisers, first years, grid interactive, industrialist, interactive photo, local markets, manufacturing plant, solar power plants, urea plant, wind mills, wind power, year construction