India-based VayuGrid signs MOU for biofuel cluster in Ethiopia using Pongamia oilseed trees
Green Car Congress
NOVEMBER 19, 2012
VayuGrid, a biofuel supply chain company based in Bangalore, India has signed a memorandum of understanding (MOU) to create a biofuel cluster around its VayuSap, an elite, high-yield Pongamia (a leguminous, oilseed-bearing tree), in Ethiopia Africa. biofuel investment opportunity and is part of a larger government plan to develop a biofuel park in Ethiopia. Ethiopia was chosen strategically based on the economics and agriculture.
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