Current study focusses on the concomitant production of fatty acid methyl ester (FAME, biodiesel) and exopolysaccharides (EPS) from Scenedesmus abundans cell factory in flat panel photobioreactor using cost effective harvesting strategy. Parallel mini and medium scale flat panel photobioreactors (PBRs) with special gas sparging system enabling high gas to liquid mass transfer and efficient mixing were designed. Biomass titer of 6.9 g/l with overall biomass productivity of 1.2 g/l/day was achieved with constant high light intensity of 2162 mu E/m(2)/s in growth phase (134 h) using optimum nutrient concentration. FAME concentration of 1.53 g/l was achieved after 15 days of nitrogen deprivation condition with productivity of 67 mg/l/day. The EPS production of 236 mg/l with a yield of 37 mg/g biomass was achieved. The strain proved its capability to produce multiproducts simultaneously in a single stage PBR by natural autoflocculation harvesting technology.