Jiya Eco Products Ltd. announced that the company has signed an 15 year agreement to lease out a land parcel of 3 acres at Gandhidham, Gujarat. The land parcel, so finalised, is proposed to house JEPL's new pellet manufacturing facility. The proposed plant, located at Village- Chudva, Taluka Gandhidham, is spread over 3 acres. The location finds a strategic fit in the major expansion that JEPL has scheduled over the next 2 years. Abundant access to raw material and a reduction in transit cost are key parameters that aided in finalisation of this location. Kutch (Gujarat) is in close proximity to the proposed plant oflEPL and is also home to the, highly aggressive weed, Juli Flora. By using Juli Flora as one of the key ingredients in manufacturing of pellets, lEPL also helps the local administration tackle the menace of the fast-spreading forest weed. Demand of pellets, from JEPL's existing customers in east Gujarat, would be met from the proposed Gandhidham plant thereby helping in bringing the transit costs lower. JEPL proposes to set up a pellet manufacturing plant at Gandhidham, with a rated capacity of 180,000 MTPA. Once operational (by end second quarter of 2019), this would more than double their existing capacity (82,000 MTPA). Pellets, manufactured at this location, are proposed to be catered only to the retail market (Namkeen, Bakeries, Fursaan etc) and would benefit the company in multiple ways:- Sale to retail clients would help stoke realisations significantly, lower transit costs, help widen the client base thereby de-risking its current business model and help improve the working capital profile of the company.