09/09/2009 (The Economic Times), Melbourne -  Indian conglomerate Bhoruka Group will invest AUD 63 million ($54 million) in an edible oils and biodiesel facility in Australia.

The facility, to be set up under a venture called Riverina Oils & Bio Energy (ROBE), will start production in October next year with a capacity to crush and refine 17,0000 tonnes oilseeds per year.

"The project is the biggest Indian-backed greenfield investment ever seen in eastern Australia," ROBE Chairman S N Agarwal, whose Bhoruka Group is a key shareholder in the project, told PTI here today.