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Algea farming in a big way in India

WHEH Planning 250-Acre Algae Farm in India

World Health Energy Holdings, Inc., a public holding company operating in the alternative energy sector, has announced that the company’s wholly-owned subsidiary, GNE-India, has completed a land survey to build a 250-acre commercial algae bio diesel farm. WHEH’s partner, Prakash Anthony, according to the news release, has budgeted up to $100 Million for the completion of the initial project. The company currently has a Memorandum of Understanding (MOU) with Mr. Anthony for a joint venture on the Algae Bio diesel project, as well as two letters of intent (LOI) for the development of two other 250-acre algae farms.

Sat April 30 2011 08:20:09 AM by Bhani 1580 views
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