Success Story: Leaving the job in Dubai, did the business of biodiesel in India 30 which made 30 lakhs from waste cooking oil, know how, what is the whole story.
As the air of the cities is getting suffocated, biodiesel business is becoming the biggest option for the next generation. If we talk about cooking oil, this is the story of Sushil, where he left his job in Dubai and saw the use of cooking oil in hotel-restaurants, then came to know that the food we are eating outside is dangerous for health. Sushil came up with the idea of a startup to convert waste cooking oil into fuel in India to make biodiesel from waste. So he made a plan with his wife to collect waste cooking oil from Rajasthan, shared the idea with his friends, and they said - he has gone mad.
Training!
Visiting hotel-restaurants in different cities for 4 years to see what happens to the used cooking oil?
It was found that small street vendors and stall owners keep on reusing the cooking oil till it turns black. Gathered information about the collecting process of cooking oil, then met the companies making biodiesel and it is difficult to collect waste cooking oil on a small scale and then make biodiesel, so started by collecting the oil and supplying it to the companies making biodiesel .
Fund.
Started the company by taking money from father and wife, invested 5 lakh and then brought 30 lakh rupees from Dubai to start business, but friend and neighbor cheated the whole money, initially used to store waste cooking oil in washroom Then a team of 12 people was formed to collect the waste cooking oil taken on ware house rent in Jaipur, bought a container.
The company was started in Delhi, started collecting waste cooking oil from nearby districts including Delhi NCR. biodiesel process,
1 liter waste cooking oil,
1% potassium hydroxide (KOH),
20% methanol (CH3OH),
75 °C Time: 3-4 hours Biodiesel (700-800 ml) is incorporated.
business model
Waste cooking oil from 6 warehouses across the country including Delhi, Jaipur, Bengaluru is brought to the warehouse in Delhi through containers. Waste oil is in many categories, it is filtered and mixed together, then we collect cooking oil and supply it to companies making biodiesel.
One liter of waste cooking oil produces 700-800 ml of biodiesel. The market cost of biodiesel is Rs 90 per liter, now the annual turnover of the company is Rs 10 crore. Net profit is 20% on total turnover.
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