Prime, World Health Energy aim for LOI on Indian biodiesel venture

| March 30, 2012

In India, Prime and World Health Energy are making progress with their letter of intent to develop a biodiesel production facility ramping up to 250 acres with a budget of up to $100 million.  Prime has completed testing of its first batch of Spirulina algae by independent labs that they selected.

As a result of the tests, Prime has elected to add a Spirulina Algae project to their MOU with WHE.  The proposed sites in India are in Tamil Nadu and Karnataka, utilizing the GB3000 system, used for growing algae for the production of fish feed, proteins and biofuel.

Category: International

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