A sustainable media composition comprising of nanourea (NU), groundnut de-oiled cake (GDOC), and seaweed Extract (SE) was formulated using a mixture design for the cultivation of Micractinium sp. Maximum biomass yield and productivity of 5.52 ± 0.09 g/L and 0.72 ± 0.03 g/L d−1 were observed at 1.67 mM NU, 0.134 g/L GDOC and 0.250 mL L−1 SE, respectively. The highest lipid yield of 2.73 ± 0.24 g/L was also observed, respectively. The reduced graphene-supported vanadium oxide nanoparticles (RGO-VNPs) with a net surface charge of + 34.10 mV were developed, which acted as a % as well as a catalyst for transesterification. A maximum flocculation efficiency of 98 % was observed with 200 ppm of RGO-VNPs. The Fatty Acid Methyl Ester (FAME) yield of 96.81 ± 1.61 % was observed. Thus, the present study could provide a plausible solution for one-pot harvesting and synthesis of biodiesel utilizing microalgal lipids.