Agritrade Resources responded to the growing global need for cleaner, renewable, sustainable energy sources with our investment in a biodiesel plant in Arkansas, United States. Strategically located near Memphis, a major biofuel refining and distribution centre, the biodiesel plant caters to the increasing demand for renewable energy in the United States.
The biodiesel plant sits on a wide area of 38.2 acres of land and is conveniently situated beside the Mississippi River, decreasing overall logistics cost as it is accessible by water, road and rail transportation. To maximize profitability, the biodiesel plant will be retrofitted to accommodate multi-feedstock including yellow grease, rendered animal fats, inedible corn oil and refined vegetable oil. This will help to decrease the cost of production as the Group can select the most cost competitive feedstock.
The biodiesel plant has a production capacity of 137,000 metric tonnes per annum.
Thermal Power Plant
Agritrade Resources’s energy business engaged in the operation of a high powered domestic coal based thermal power plant comprising of four units of 300 megawatt each, in two phases of 600 megawatt each, at village Binjkote & Durramuda, Raigarh, in the State of Chhattisgarh, India.
SKS Power Plant’s total land area has 239.3ha. Phase I of the construction has already been completed and the plant was put into operation and has started generating revenue and cash flows since 2017. Currently, Phase II remains in its initial stage of construction.
Regarding the Phase I operation, the group has secured various power purchase agreements for the supply of more than 500 MW power capacities annually.