What is Indizel ? Is It a Scam ? Detailed About the Company

Hey, This is a very interesting article & i am writing it just for some enlightenment for people. This is my opinion, i may be wrong but i thought i should share it. I heard about this company 5 days back when it appeared in the front page of Oriya Daily. Suddenly i was impressed about what was written there but i thought is it possible ? After all i am a thermal engineering student & i have done several work on Bio Diesel. We (Those were working in the Project) all knew that the price of Diesel (Fossil Fuel) will be definitely lower than the Bio Diesel at least for next 10-15 year as the manufacturing cost of Bio Diesel is way more. So back in 2013 in KIIT University, our calculation was Bio Diesel will cost us around 105 per litter while Diesel was costing somewhere around 50 per litter. Now they are saying while diesel is 62 per litter Indizel will cost 52 per litter as it comes under GST. It is not the issue whether it will come under GST or not, the issue is the reality of their claims.

CHECK OUT THE VLOG - https://youtu.be/bpeCU12iAKM

I visited their office one day before Diwali & what i found was more question than answer. They did not address the questions properly & few Red Marks i Have noticed as mentioned below,

1) The Company (My Own Eco Energy Pvt Ltd) is listed since 2011, which is wired as they are just setting up the things.
2) One Director of the Company has history of opening the company & shutting it up. ( Sachin Labde is the Director of 10 Pvt Ltd Company)
3) The Pricing of the Bio Diesel is lower than the Diesel. (Hard to digest)
4) The Detailed place of Manufacturing. They are saying it is Singapore which is very hard for me to accept. Because Singapore is a very costly city & densely populated. So in terms of Business it is a bad choice.
5) What about importing duty, if it is there it will hike the price significantly
6) They are charging 6000 for land inspection which is bit of wired.
7) Their website is very poor not professional at all. They don't have a https site. 

So for me, it definitely gray area & it is wiser to sit back instead of investing. So if you are really interested better check it thoroughly.

Check few Testimony from Quora,


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