Mission Biofuels signs jatropha feedstock deal with farmer-owned cooperative in India
Australia's Mission Biofuels Limited announces that its Indian subsidiary, Mission Biofuels (India) Pvt Ltd (MBIPL), has signed another agreement with an Indian district managed farmers' cooperative granting it exclusive, long-term access to Jatropha Curcas seeds from already planted lands as well as access to additional land in the district that is to be planted with the drought-tolerant crop over the next three years.
The district authority has formed a Cooperative Federation under the Indian Societies Act which is owned by the farmers and jatropha growers in the district, and which will be managed by the district authority. The district authority has, from funding received from the state and central governments under various programs including the rural employment guarantee programs, planted over 60,000 acres (24,280 hectares) of Jatropha Curcas during the last five years.
The district authority will continue to plant more of the biofuel crop under the purview of the State Government policies for funding and development of Jatropha Curcas. The district has now transferred all planted and to be planted jatropha to this newly formed federation.
Under the Agreement, MBIPL has agreed with the District Authority and the federation to:
energy :: sustainability :: biomass :: bioenergy :: biofuels :: biodiesel :: jatropha :: cooperative :: India ::
Mission Biofuels Limited is listed on the ASX but with operations in Malaysia and India. The company has commissioned a 100,000 tonnes per annum biodiesel plant at Kuantan in Malaysia using Crown Iron Works technology and is building a 250,000 tonnes per year biodiesel plant adjacent to the 100,000 tonnes plant using Axens’ 2nd generation trans-esterification technology. Initially it will use Crude Palm Oil (CPO) as the feedstock for its biodiesel plants in Malaysia.
The company is rapidly developing its upstream feedstock business in India, which is focusing on a drought-resistant perennial plant (Jatropha Curcas) that grows in marginal/poor soil. Jatropha is easy to establish, grows quickly, produces seeds for over 40 years and importantly is inedible. Ultimately it will replace CPO with Jatropha oil as its feedstock for its biodiesel plants.
References:
Mission Biofuels: Mission signs another long term exclusive feedstock deal with a government controlled entity in India - January 7, 2007.
The district authority has formed a Cooperative Federation under the Indian Societies Act which is owned by the farmers and jatropha growers in the district, and which will be managed by the district authority. The district authority has, from funding received from the state and central governments under various programs including the rural employment guarantee programs, planted over 60,000 acres (24,280 hectares) of Jatropha Curcas during the last five years.
The district authority will continue to plant more of the biofuel crop under the purview of the State Government policies for funding and development of Jatropha Curcas. The district has now transferred all planted and to be planted jatropha to this newly formed federation.
Under the Agreement, MBIPL has agreed with the District Authority and the federation to:
- provide technical inputs and know-how to the Jatropha Curcas farmers
- establish nurseries
- to support the newly formed federation in development of land along with effective utilization of Government grants for development of Jatropha
This win-win partnership provides another excellent example of how a forward thinking government authority can help to provide: sustainable benefits to people living in poverty; long term value accrual to the Self help groups & farmers as owners of the cooperative federation; achievement of economies of scale; and benefits from the research and technical and commercial inputs from an integrated biofuels player. More districts should follow this example. - Ashish Swarup, CEO of MBIPLMBIPL has been in active discussions with other districts for similar arrangements and is confident that this second agreement will help it finalize arrangements with some more districts in the region providing it immediate and long term access to large scale supplies of Jatropha Curcas seeds:
energy :: sustainability :: biomass :: bioenergy :: biofuels :: biodiesel :: jatropha :: cooperative :: India ::
Mission Biofuels Limited is listed on the ASX but with operations in Malaysia and India. The company has commissioned a 100,000 tonnes per annum biodiesel plant at Kuantan in Malaysia using Crown Iron Works technology and is building a 250,000 tonnes per year biodiesel plant adjacent to the 100,000 tonnes plant using Axens’ 2nd generation trans-esterification technology. Initially it will use Crude Palm Oil (CPO) as the feedstock for its biodiesel plants in Malaysia.
The company is rapidly developing its upstream feedstock business in India, which is focusing on a drought-resistant perennial plant (Jatropha Curcas) that grows in marginal/poor soil. Jatropha is easy to establish, grows quickly, produces seeds for over 40 years and importantly is inedible. Ultimately it will replace CPO with Jatropha oil as its feedstock for its biodiesel plants.
References:
Mission Biofuels: Mission signs another long term exclusive feedstock deal with a government controlled entity in India - January 7, 2007.
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