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March 29, 2007

Indian center reveals the economics of Jatropha farming

The India-based 'Centre For Jatropha Promotion & Biodiesel' (CJP) is attracting attention with its off-the-shelf packages for those who want to establish a biofuel plantation.

The CJP promotes Jatropha programs and activities it hopes will lead to energy independence and the greater use of cleaner transportation fuels, especially in the developing world. Constant growth within the renewable energy industries, institutes and organizations has also created tremendous scope for personal and professional opportunities, which the CJP tries to kickstart.

So far, the CJP is the only global organization providing advanced level training with enhanced technology in the field of jatropha promotion for biodiesel production. By integrating technical and managerial issues, CJP has developed a 'Jatropha Agricultural Training' package to deliver competences through qualified trainers with a practical 'hands on' approach. The organization designs and implements the establishment biofuel farms in which Jatropha curcas is grown and exploited within a structured agri-supply chain. CJP offers research activities on by-products and provides support/services to analyze and guide the entire "Soil to Oil" development and establishment of the biofuel crop.

The CJP gives a glimpse of how it thinks the basic economics of jatropha farming work out. The numbers on a plantation of 10,000 ha can be summarised as follows:
  • Low value land area: 10,000 ha
  • Crop yields: 87,500 tons
  • Biodiesel Production: 37.8 million liters/10 million gallons per year
  • With an investment of US$15 million , sales of US$24 million can be expected with a net profit of around 45%.
It assists growers with implementing the following steps to create what the CJP calls 'failsafe jatropha fuel farms' :
  • Soil and land prospection
  • Feasibility study
  • Formation of Business Plan
  • Appointment of Consultant
  • Farm Designing
  • Sourcing of elite planting stock
  • Execution of Plantation
  • Crop care
Biopact

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