Beckons Industries Ltd said it is undertaking measurement, monitor and validation (MMV) process in Goa and has produced 125 times more algae with its newly developed photo bio reactor (PBR) than the existing PBR's developed across the globe.
BIL said it completed the validation of scientific and engineering principals for its novel design of inexpensive PBR and cheaper method of micro algal cultivation. It is at precommercial stage and hope that this technology will be successful for commercial exploitation.
On Monday, Beckons Industries shares ended 2.6% higher at Rs7 on the Bombay Stock Exchange, while the benchmark Sensex closed flat at 18,409 points.
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