Pune-based manufacturer and distributor of bio-fuels My Eco Energy (MEE) plans to set up green corridors along four national highways in Maharashtra, and will establish nearly 500 bio-fuel retailing outlets over the next two-odd years for that purpose.

The chain of biodiesel – branded Indizel – equipped fuel stations will be located every 50 km on either side of the Mumbai-Pune-Satara-Kolhapur stretch of NH-4, Pune-Sholapur and Mumbai-Palghar-Gujarat stretches on NH-9, Mumbai-Ratnagiri section of NH 17 and Mumbai- Nashik-Dhule segment of NH 3.

MEE already has one bio-diesel station at Lonikand, while a second one at Khalapur on the Pune-Mumbai highway was inaugurated on Friday. Bio-diesel is cheaper than diesel currently by around ₹2 a litre.

“We plan to expand the network of bio-diesel retailers and distributors to 500 fuel stations across Maharashtra, which will be a mix of full-fledged stations and smaller kiosks with 25,000 litre tanks. We will also set up 2,000-3,000 smaller 100 litre tank outlets,” Santosh Verma, Director, MEE, said. Setting up of the network will entail an investment of ₹250 crore.

Made from a feedstock of used vegetable oils, and manufactured through third party licences in Andhra Pradesh, West Bengal and UP, the company has a current capacity of 25 lakh litres per day.

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