Assam: Karbi Anglong Signs MoU With Goal Bio-Oil Pvt Ltd For Bio-Fuel Refinery Project

The Karbi Anglong Autonomous Council (KAAC) has signed a Memorandum of Understanding (MoU) with Goal Bio-Oil Private Limited for the establishment of the Karbi Anglong Bio-Fuel Refinery Limited.

The project will comprise a Bio-Fuel Refinery, Waste Plastic Pyrolysis Plant, and Distillation Plant. According to Chief Executive Member Tuliram Ronghang, the initiative will generate substantial revenue for KAAC, enabling enhanced development activities and improved public services.

In addition to economic benefits, the project will offer technical support and a buy-back policy to assist local farmers and create employment opportunities for the youth of Karbi Anglong.