JatPower BioFuels Inc.

:
Investment Opportunity

July 2008

JatPower Fuels Inc.– Business Plan CONFIDENTIAL

 Agenda

• Project Overview

• Introduction
• 5 Year Plan
• It Makes Sense

• Uses Of Jatropha

• Nursery Propagation

• JatPower Community System

- Contract Scheme/Employee Ownership
- The Mali Jatropha System
- Possible Returns

• Individual Tree Owner Farming Plan

• More Details To Follow

JatPower Fuels Inc.– Business Plan 2

 Project Overview
JatPower BioFuels will bring about major economic activity within
Nigeria. Over a 5 year period we plan to cultivate 200.000 hectares
of land within Nigeria’s Northern states to produce up to 2 Million
metric tons of Oil, to supply Transesterification plants (Bio Diesel
Refineries) domestically and Worldwide.
Our initial pilot project will be a 3,000 hectares jatropha plantation in
Gamawa local government area Bauchi State, Northern Nigeria. This
is something that we plan to replicate in Zamfara state
JatPower Fuels Inc.– Business Plan
We see great opportunities for doing business with jatropha for the well-being
of rural masses. But even more importantly it is an opportunity to combat
desertification, which unless slowed, halted and eventually reversed will
eventually blight the food basket of the nation and ruin the lives of tens of
millions nationwide.
We plan to develop and establish the correct process, procedures and systems
for growing, crushing refining and use of Bio Diesel from seed oil.
We will observe a certain set of principles, methodologies, procedures and
practices just to ensure that the projects are completed on time, on budget and
as required.
The future plans are to develop a portfolio of jatropha plantations across
Nigeria. We will undertake planting, sourcing feedstock for Bio-oil refining
operations.
JatPower BioFuels will be contributing to improving air quality, reducing
emissions that contribute to climate change, and improving energy security
through diversity of supply..
Marketing the product & byproducts thereof as it is a business with national
and international scope & requires minimum start up capital.
3
 Introduction
Nigeria is particularly well-suited for the honor of heralding in a green
alternative fuel because of:

(1) There are million hectares of wastelands-- saline lands (swamps),

sahel, degraded forests, and other land unavailable for agricultural use due
to over farming;

(2) Resulting shifting sand dunes and continuing process of desertification;

(3) Fastest growing population rate in Africa -- increasing the need for
food, energy, and employment;

(4) Rural/agricultural population of over 70%:

As energy demand increases, the global supply of fossil fuels decreases,
causing inflation, instability and war; the emissions from fossil fuels
(5) Huge national petroleum products bill--;
cause immediate harm to human health and contribute to the greenhouse
effect, and, deforestation and the destruction of agricultural lands (6) Constant battle with desertification, deforestation, drought and
threaten to turn this Earth into a desert, bit by bit. There is no doubt that shortages of water (on the Northern state borders) and electricity;
the end of the fossil fuel age is not far off.
(7) Warm climate, agreeable both to growing biofuels and running engines
Then what? How can we combat desertification, reduce the need for oil, that use them.
and help heal the present wounds in the environment, all in one stroke?

JatPower Fuels Inc.– Business Plan 4

 Introduction

Jatropha naturally repels both animals and insects-- it can be planted

along the circumference of farms to protect other crops. Jatropha
seedcakes, produced as a by-product of pressing the oil, make an
excellent organic fertilizer or protein-rich livestock feed, and another by-
product is glycerine. The plant lives, producing seeds, for over 50 years.

Other parts of the plant are also useful: dark blue dye and wax can be
produced from the bark, the stem can be used as a poor quality wood,
and the roots help in making yellow dye. The flowers of Jatropha curcas
and the Jatropha stem have well-known medicinal properties, and the
leaves can be used for dressing wounds. All these things can be used, or
sold.

Alternate uses of the oil include varnishes, illuminants, soap, organic

insecticide, and medicine for skin diseases, cancer, piles, snakebite,
paralysis, dropsy and more.

JatPower Fuels Inc.– Business Plan 5

 JatPower BioFuels 5 Year Plan
Mid Stage: 2 – 4 Years
JatPower BioFuels is at present looking for suitable plantation areas and
investors. Contract Farm development Plan

Initial Stage: 1 – 2 Years Development of a National Jatropha Mission

3,000 hectare pilot plantation preparation BioFuel Refinery Marketing/ partnership Initiatives

Managed nurseries and seed depositories (25 Hectares)

Fertilizer and Cooking Fuel self sufficiency programme Year 5:

Outsourced research project Jatropha Community Project Expansion of plantations to planned 200,000 hectares capacity.

Marketing/partnership Initiatives Jatropha Oil Processing Plant Increase in Multi Jatropha Oil Processing Plants

Expansion of Subsidised Machinery programme

Mid Stage: 2 – 4 Years Industry Support Programme

Establishment and Expansion of plantations to multi site locations – Development of Fertilizer and Fuel market
60,000 hectares. Subsididsed Machinery programme
Expansion and Development of new BioFuel Refiners
Village Feeder nurseries and seed depositories plan
Expansion of Contract Farm development Plan
Multi Jatropha Oil Processing Plants
Establishment of a National intercropping programme
Fertilizer and Cooking Fuel self sufficiency programme
Development of a National Jatropha Mission
Expansion of BioFuel Refinery
Marketing/ partnership Initiatives
JatPower Fuels Inc.– Business Plan 6
 It Makes Sense
Jatropha is currently the first choice for biodiesel. Per hectare, yields
vary from 0.5 to 12 tons/year depending on soil and rainfall conditions
(Makkar and Becker, 1999). An average of about 5 tons of seeds per
hectare can be produced under optimum conditions.
The oil content of the seed is 55-60%, which can be converted into
biodiesel by transesterification. An annual yield of 0.75 to 2 tons of
biodiesel could be expected per hectare from the fifth year onwards
(Fiodl and Eder, 1997).
JatPower Fuels Inc.– Business Plan
Jatropha Curcas is a tree (shrub) originally from the Caribbean. It can also
be transformed by transesterification to Bio-diesel (JME-Jatropha Methyl
Esters).
What makes Jatropha especially attractive to Nigeria is that it is a drought-
resistant and can grow in saline, marginal and even otherwise infertile soil,
requiring little water and maintenance. It is hearty and easy to propagate--
a cutting taken from a plant and simply pushed into the ground will take
root. It grows 5 to 10 feet high, and is capable of stabilizing sand dunes,
acting as a windbreak and combating desertification. It has been most
successful in the drier regions of the tropics with annual rainfall of 300-
1000 mm. It grows naturally at lower altitudes (0-500 m) in areas with
average annual temperatures well above 200C, but can grow at higher
altitudes and tolerate slight frost.
7
 Uses of Jatropha
*Used as ethno medicine

*Used as medicine both internally and externally

*Promising live fence 

*Yield a dye used to give tan & brown

*Used for making ink

*Useful as illuminant, lubricant, in soap and candle making 

*Used as Dataun (Herbal tooth brush)

A petro crop
*useful as green manure 
*Planted to prevent water erosion and for conservation
*Useful as an insecticide
*Resembles shellac
Cosmetics industry uses the Glycerin by product
*Source of oil (30-40%) suitable as fuel for diesel engine
*Young one cooked and eaten
*Yields tannins (37%)
*useful in controlling sand drift     

*possess Allelopathic properties       

JatPower Fuels Inc.– Business Plan 8

 Nursery Propagation
For the crop to succeed, several measures have to be taken. These A nursery can produce 2.5M seedlings in six months. Hence over a
include a detailed regime of soil testing, suitable amelioration and period of 1 years it will produce 5M seedlings and will be sufficient to
preparation of pits of appropriate dimension. cover 2000 Hectares of plantation.

Small farmers cultivating fragmented land holdings less than a hectare of Jatropha prefers dry land with little water.  If planted in irrigated soil
land hardly qualify to invest in this crop that entails a gestation of over
three years before commercial yields materialise. with good water supply; the plant grows more leaves and few fruits/nuts.

Given that it takes three years to produce an economic yield of 2,500 kg Jatropha can be propagated using its seeds, sticks, and in vitro (tissue
per acre it would ratchet a up a major cumulative cost of cultivation; culture). In vitro propagation technique will produce the carbon copy of
that individual farmers cannot afford. the parent trees, providing a homogenous population with good traits.

JatPower BioFuels nurseries when established will supply plants to the

The plant will start to give fruits during the first year of its life. First year
beneficiary to ensure success of plantations and quick return. It will also
harvest will be around 0.5 – 1 ton per hectare. But significant harvest of
result in seed production at the end of the first year itself.
1.5-2 tons/Ha may be counted on the beginning of the third year’s
harvest.
Nurseries will supply seedlings to the farmers in their village. A seedling
will start yielding seeds after a year of its plantation.
The optimum production achieved in the fourth year with an estimate of
It is planted at a spacing of 2m X 2m and 2500 plants will be grown in 1
hectare of Jatropha plantation. 5 - 8 ton per year.

Using seedling of 3 to 4 months grown in a nursery should not result in Jatropha tree will become old at around 25 years and productivity will
the usual rates of mortality of plantations, it will be reasonable to assume begin to decline. Then it will be about time for replanting the young
that 10% of the plants will need to be replaced. jatropha plants.  

JatPower Fuels Inc.– Business Plan 9

 Nursery Propagation
Tips on successful plantation of Jatropha
The place of plantation should not accumulate water. Excess water can
cause adverse effect on Jatropha plants. It can also
be planted on the borders of the field, thus acting as a fence
to generate additional revenue.
Digging the Pit
The pit should be of following dimensions
Length 1 ft., Width 1 ft. & Depth 1 ft.
The distance between two pits should be minimum 2 meters (6 ft.) and
the distance between two rows of plants should also be minimum 2
meters. The digging of pits should be done during the months of
March and April.
While planting on the borders of the field, the distance between two
plants should be minimum 1 meter.
Filling of Pits
The pits dug in March/April should be filled in by the end of May. To
fill – use a mixture of 3 parts of the mud of the plantation area, 3 parts
black/productive mud and 3 parts dung manure. This mud-manure
mixture should then be treated with one spoon of Chloropyriphos for
prevention against termites. The pit should be filled half of its depth
with this mixture.
JatPower Fuels Inc.– Business Plan
Plantation
The process of plantation should start with the arrival of rains during the first
or second week of June. Remove the Poly-bag of the plant and place it in the
half filled pit. When pit filling remove the mud-manure mixture.
Emergency Irrigation
During the first year of Planting Jatropha, water the plant whenever required
so that the plant and leaves don’t burn out.
Protection from pests/insects/diseases
During the first year pest control is required. In case of any outbreak of
disease or pest, spray pesticides like Nuvocron or Indosulphon along with
Copper Sulphide.
Pruning
In order to lift the height of Jatropha Plant and obtain maximum seeds, the
process of pruning has to be carried out during hamattan. During the first
year the stem of the plant should be severed with a razor sharp blade at the
height of 1.5 feet. Following this the plant will grow many branches which
should be cut next year during January leaving one third part intact. After
pruning, the plant will grow numerous branches. Maintain the height of the
plant, try to give it an umbrella shape to gain a maximum yield which is easy
to collect.
10
 JatPower Community System- Contract Scheme/Employee Ownership
This is to be founded in partnership with farmers and
community/grassroots organizations. Using community development
approaches that guarantee all parties win
Will focus on the four pillar of sustainability in all levels i.e.:
Economy Environment
Social Technology
The strength of community support will guarantee success and long run
operation of this program. Planting operation will become much less
costly as land ownership stays at the original owners.
It will focus on poor and marginal land to bring in significant benefits
economically, environmentally and agronomic soil improvements. This
project is clearly a sustainable agricultural project that meets all aspects
of sustainability requirements. A guarantee to bring good short term and
long-term profits to the company, farmers and their communities.
oJatPower BioFuels will negotiate umbrella agreement with local and
state governments that will create the government support towards
planting farmers
oGovernments through their Forestry Offices to give access to marginal
and critical land to farmers for Jatropha planting.
oJatPower BioFuels provides training and seeds for planting jatropha
and maintaining jatropha plants.
JatPower Fuels Inc.– Business Plan
oJatPower BioFuels will provide incentives to participating farmers and
various involving social organizations.
oJatPower BioFuels will guarantee the purchase of farmers’ jatropha beans
as the company is in the process of acquiring minimum of minimum tonnage
per month of Commitment to Buy (CTB) and Letter of Intent (LOI) from
various European buyers.
oTo motivate farmers, the company will give bonus of another high value
wood crop seedlings such as Neem, Acacia, Olive and where possible Teak-
wood or (Tectona grandis) , known for its best quality of wood to be planted
in the hedges of Jatropha. With 132 seedlings of Teak-wood planted in 3
meter distances, farmers will reap additional significant income bonus in 7
to 10 years.
oJatPower BioFuels will give 10% of company shares to farmers. This will
be based on the land proportion.
Jatropha business brings cash to local economy and will contribute to other
social economic improvements in the community.
Cash will encourage other sectors of economy to start moving and create
some multiplying effects
•Farmers living environment will drastically be improved
•Soil
quality and conditions will also improve, this will open up
opportunities for multi cropping with food crops.
11
 JatPower Community System-The Mali Jatropha System
We plan to introduce the Mali Jatropha system into Bauchi and
Zamfara, it promotes four main aspects of development, which combine
to help assure a sustainable way of life for village farmers and the land
that supports them:
Renewable Energy
Erosion Control and Soil Improvement
Promotion of Women
Poverty Reduction
Renewable Energy
Lister-type engines are used to drive grainmills and water pumps and
require only the addition of a fuel filter to be able to run on pure
Jatropha oil, The Jatropha oil gives even better results than diesell
because of its high oxygen content.
In equivalent terms, the energy needed to produce Jatropha oil in
mechanical presses amounts to about 10% of the oil obtained. It
cheaper than diesel’s official price at the petrol stations. Even more
important is the possibility of local energy production, because of the
periodic unavailability of diesel in the rural areas.
JatPower Fuels Inc.– Business Plan
Erosion Control and Soil Improvement
Jatropha "living fences" in Mali not only control unwanted animal access
to the fields; they also reduce wind erosion and, if planted parallel to
slopes to fix small earth or stone dams, they help control water erosion.
The press cake which remains after oil extraction by the expellers is a
very good organic fertilizer, it has great value for agriculture in the
Sahelian countries, since soils there are rapidly depleted of humus and
chemical fertilizers are very expensive.
Promotion of Women
We will support government and NGO’s programmes to provide rural
women with engine-driven grainmills to ease their work of food
preparation.
By using locally produced Jatropha oil as fuel and lubrication oil, some of
this cash outflow (usually spent on diesel) from the village can be
stopped.
Traditionally, rural women used Jatropha curcas for medicine (seeds as a
laxative, latex to stop bleeding, anti infections and malarial) and for soap
production. When Jatropha oil is used, either alone or in combination with
other local plant oils such as shea butter, larger amounts of a more refined
soap are produced, which is easier to sell in local markets, increasing
income.
12
 JatPower Community System- Possible Returns
Assume the average village of the pilot area has 15 km of Jatropha If these figures are extrapolated to Jatropha plantations, a profit in the
hedges, which represents 12 tons of seeds. 12 tons of seeds may range of cotton farming is within reach.
generate 1.800 US$ of cash income when the oil is extracted and the
products are sold: The « Jatropha System » also helps reduce poverty by:
Reducing crop losses caused by wandering livestock or wind damage;
9.000 kg of press cake for 0.03 = 270.- US$
Increasing rainfall infiltration, resulting in less work/irrigation water
needed for local gardens;
2.400 liters of oil for 0.60 = 1,440.- US$
Increasing soil fertility by use of press cake as fertilizer;
600 kg of sediment for 0.15 = 90.- US$ Increasing use of inexpensive local resources rather than expensive
external resources;
Total 1.800.- US$ Reducing disputes between farmers and livestock owners regarding
crop damage, as well as among farmers themselves regarding the
Below is a real example of an entrepreneur in a village near Bamako, boundaries of their fields;
who buys the seeds for soap production and hires people for the Providing local jobs, lessening the need for local villagers to migrate
production process, the cash income for the village population, to cities to find employment.
including the entrepreneur, amounts to 3.630 US$:
Conclusions
12.000 kg of seeds for 0.10 1.200.- US$
The past results of this Jatropha Project to date show that the chances of
5.000 hours of labor for 0.20 1.000.- US$ this system being successfully implemented are high, provided that a
cautious approach is taken. Above all, care must be taken to ensure that
profit of the entrepreneur 1.430.- US$ women retain their traditional responsibilities for harvesting and
processing the seeds.
Total 3.630.- US$
JatPower Fuels Inc.– Business Plan 13
 Individual Tree Owner Farming Program
We do all the work from planting to harvest to sale of the oil. The only fee
for all of this is a 10% fee from profits. Then 90% is passed on to you, the
tree owner.
A fantastic investment opportunity, for example, if you were to put USD
1,000, the price of 250 Jatropha plants, into savings or CD's today at 5%
compound interest and allowed the interest to accumulate for 25 years,
you would have a total of USD 3,440 at the end of the 25 years.
Compared to USD 10,730 projected cumulative net harvest proceeds over
the next 25 years from planting 250 Jatropha plants.
This assumes no price increases in diesel fuel during the entire 25 year
period, so the total will probably be much larger.
If you bought USD 50,000 worth of Jatropha trees over 5 years and put
your net proceeds into a 5% interest bearing account, after 25 years you
would have over USD 2,000,000 set aside for retirement and over USD
50,000 per year in tree revenue coming in year after year for 15 to 25
years.
A retirement solution that is easy to understand, requires little
maintenance and has huge potential upside benefits.
JatPower Fuels Inc.– Business Plan 14
On the farm we will plant 1.7 million Jatropha trees, capable of
producing more than 2.5 million liters Jatropha crude oil, the feedstock
for biodiesel.
Jatropha trees are planted once, and harvested 3-4 times every year for at
least 25 years. Jatropha trees have a life expectancy of up to 50 years,
but most likely have reached its production peak at 25 years.
We will start with a 25 ha of Jatropha seeds and saplings at our nursery
near Azare. Once these saplings flourish they will be replanted at our the
plantation in Gamawa harvested several times annually.
Every hectare of land can produce 2600 kg (approximate 2900 liter) of
Jatropha crude oil annually.
Biodiesel based on Jatropha feedstock does not contribute to the net CO2
emission due to the fact that CO2 is extracted from the atmosphere when
solar energy is converted into hydrocarbons.
In the market Jatropha oil is sold for Euro 0.54 to 0.59 per kg or Euro 0.6
- 0.66 per liter.
The price for one barrel of plant oil is then USD 138
(Nov 2006 Figures)
 Appendix A: Jatropha Plantation Cultivation Technology

The practices being undertaken by the Jatropha growers currently need to be On the farm we will plant 1.7 million Jatropha trees, capable of
scientifically managed for better growth and production. producing more than 2.5 million liters Jatropha crude oil, the feedstock
for biodiesel.
The growth and yield of Jatropha could be improved through effective management
practices. The key factors that can influence the oil yield of Jatropha Curcas are:
Jatropha trees are planted once, and harvested 3-4 times every year for at
Climate least 25 years. Jatropha trees have a life expectancy of up to 50 years,
but most likely have reached its production peak at 25 years.
Quality of the soil
We will start with a 25 ha of Jatropha seeds and saplings at our nursery
Irrigation near Azare. Once these saplings flourish they will be replanted at our the
plantation in Gamawa harvested several times annually.
Weeding

Use of fertilizer
Every hectare of land can produce 2600 kg (approximate 2900 liter) of
Jatropha crude oil annually.
Crop density
Biodiesel based on Jatropha feedstock does not contribute to the net CO2
Genotype emission due to the fact that CO2 is extracted from the atmosphere when
solar energy is converted into hydrocarbons.
Use of pesticide
In the market Jatropha oil is sold for Euro 0.54 to 0.59 per kg or Euro 0.6
Inter-cropping - 0.66 per liter.
PROPAGATION METHODS GENERATIVE
The price for one barrel of plant oil is then USD 138
PROPAGATION EFFECTING FACTORS (Nov 2006 Figures)

Direct seeding

Quality of seeds
JatPower Fuels Inc.– Business Plan 15
 Appendix B: Contract Farming

steps to start Crop-cultivation business On the farm we will plant 1.7 million Jatropha trees, capable of
producing more than 2.5 million liters Jatropha crude oil, the feedstock
Identify land or decide for contract farming for biodiesel.

Conduct a feasibility study

Jatropha trees are planted once, and harvested 3-4 times every year for at
Write a business plan least 25 years. Jatropha trees have a life expectancy of up to 50 years,
but most likely have reached its production peak at 25 years.
Form a farming company with experts
We will start with a 25 ha of Jatropha seeds and saplings at our nursery
Solicit financing
near Azare. Once these saplings flourish they will be replanted at our the
Higher a Consultant
plantation in Gamawa harvested several times annually.

Develop the markets Every hectare of land can produce 2600 kg (approximate 2900 liter) of
Jatropha crude oil annually.
Start cultivation of main crop (jatropha) and intercrop as planned
Biodiesel based on Jatropha feedstock does not contribute to the net CO2
IMPLEMENTATION ROUTE emission due to the fact that CO2 is extracted from the atmosphere when
solar energy is converted into hydrocarbons.
Crop cultivation MIS & other Equipment requirements Crop yield System management
Cost benefits calculations In the market Jatropha oil is sold for Euro 0.54 to 0.59 per kg or Euro 0.6
- 0.66 per liter.
The inputs of Jatropha Farming are: 

The price for one barrel of plant oil is then USD 138
Land (field crops, hedges)
(Nov 2006 Figures)
Labor (Crop plantation,

Crop maintenance, harvesting, processing)

JatPower Fuels Inc.– Business Plan 16
 Appendix C: Jatropha Inter – Cropping Technology

 When two or more crops are grown simultaneously in the same field, this is called On the farm we will plant 1.7 million Jatropha trees, capable of
intercropping. According to the topography, soil profile and prevailing producing more than 2.5 million liters Jatropha crude oil, the feedstock
agroclimatic conditions in an area, for biodiesel.

Jatropha can be combined with other suitable species comprising the agricultural,
horticultural, herbs, pastoral and/or silvicultural components to result in an Jatropha trees are planted once, and harvested 3-4 times every year for at
ecologically viable, economically profitable and socially acceptable agroforestry least 25 years. Jatropha trees have a life expectancy of up to 50 years,
system. but most likely have reached its production peak at 25 years.

By evolving, promoting and adopting Jatropha based intercropping systems it is possible We will start with a 25 ha of Jatropha seeds and saplings at our nursery
to improve the socioeconomic conditions in rural areas and to transform the near Azare. Once these saplings flourish they will be replanted at our the
National energy scenario and the ecological landscape. plantation in Gamawa harvested several times annually.

Social & economic advantages of multiple cropping systems: Every hectare of land can produce 2600 kg (approximate 2900 liter) of
Jatropha crude oil annually.
Dependence on only crop is avoided.
Biodiesel based on Jatropha feedstock does not contribute to the net CO2
Less needs to import energy.
emission due to the fact that CO2 is extracted from the atmosphere when
Reduction in the outlay for fertilizers.
solar energy is converted into hydrocarbons.

There is much greater flexibility of the distribution of labor. In the market Jatropha oil is sold for Euro 0.54 to 0.59 per kg or Euro 0.6
- 0.66 per liter.
Possible to recover investments in much less time.
The price for one barrel of plant oil is then USD 138
Availability of harvest over a much longer period of time.
(Nov 2006 Figures)

Can occupy much more labor.

The farmer of little economic resources can produce a large variety of useful products.
JatPower Fuels Inc.– Business Plan 17
 Appendix A: Jatropha Plantation Cultivation Technology
The practices being undertaken by the Jatropha growers currently need to be
scientifically managed for better growth and production.
The growth and yield of Jatropha could be improved through effective management
practices. The key factors that can influence the oil yield of Jatropha Curcas are:
Climate
Quality of the soil
Irrigation
Weeding
On the farm we will plant 1.7 million Jatropha trees, capable of
producing more than 2.5 million liters Jatropha crude oil, the feedstock
for biodiesel.
Jatropha trees are planted once, and harvested 3-4 times every year for at
least 25 years. Jatropha trees have a life expectancy of up to 50 years,
but most likely have reached its production peak at 25 years.
We will start with a 25 ha of Jatropha seeds and saplings at our nursery
near Azare. Once these saplings flourish they will be replanted at our the
plantation in Gamawa harvested several times annually.

Use of fertilizer
Every hectare of land can produce 2600 kg (approximate 2900 liter) of
Jatropha crude oil annually.
Crop density
Biodiesel based on Jatropha feedstock does not contribute to the net CO2
Genotype emission due to the fact that CO2 is extracted from the atmosphere when
solar energy is converted into hydrocarbons.
Use of pesticide
In the market Jatropha oil is sold for Euro 0.54 to 0.59 per kg or Euro 0.6
Inter-cropping - 0.66 per liter.
PROPAGATION METHODS GENERATIVE
The price for one barrel of plant oil is then USD 138
PROPAGATION EFFECTING FACTORS (Nov 2006 Figures)

Direct seeding

Quality of seeds
JatPower Fuels Inc.– Business Plan 18
 Appendix A: Sources of Funding
Climate change adaptation. The GEF supports interventions
that increase resilience to the adverse impacts of climate
change of vulnerable countries, sectors, and communitie
As the financial mechanism of the Climate Convention, GEF
allocates and disburses about $250 million dollars per year in
projects in energy efficiency, renewable energies, and
sustainable transportation. Moreover, it manages two special
funds under the UNFCCC — the Least Developed Countries
Fund and the Special Climate Change Fund— as well the
Adaptation Fund under the Kyoto Protocol
JatPower Fuels Inc.– Business Plan
On the farm we will plant 1.7 million Jatropha trees, capable of
producing more than 2.5 million liters Jatropha crude oil, the feedstock
for biodiesel.
Jatropha trees are planted once, and harvested 3-4 times every year for at
least 25 years. Jatropha trees have a life expectancy of up to 50 years,
but most likely have reached its production peak at 25 years.
We will start with a 25 ha of Jatropha seeds and saplings at our nursery
near Azare. Once these saplings flourish they will be replanted at our the
plantation in Gamawa harvested several times annually.
Every hectare of land can produce 2600 kg (approximate 2900 liter) of
Jatropha crude oil annually.
Biodiesel based on Jatropha feedstock does not contribute to the net CO2
emission due to the fact that CO2 is extracted from the atmosphere when
solar energy is converted into hydrocarbons.
In the market Jatropha oil is sold for Euro 0.54 to 0.59 per kg or Euro 0.6
- 0.66 per liter.
The price for one barrel of plant oil is then USD 138
(Nov 2006 Figures)
19
 To Be Included In Detailed Report

Additional Participation/Investment Programmes

Funding Sources

Refinery Operations/Partnerships

Investment Opportunity: Strong Market Demand

Financial Assumptions : Phase 1 - Base Year

Financial Projections: Base Case - Phase 1

Sensitivity Tests – Development & Construction Cost Overruns (40%)

Sensitivity Tests – Revenue Shortfall (by 15%)

Sensitivity Tests – Operating Costs (increase by 50%)

Project Timetable

Project Risks

JatPower Fuels Inc.– Business Plan 20