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IKF technologies

Jatropha plantation has been undertaken in two states. (Rajasthan & Meghalaya).In Shillong, Meghalaya plantation has been done on 500 Ha.IKF has planned to cover 15,000 Ha area in next two years.In Udaipur (Rajasthan) plantation has done on 200 ha.Seeds procured from Udaipur Mandi and nearby districts of Udaipur @ Rs.6 per kg.30 tons of Jatropha seeds are available.In Chhattisgarh, IKF is in touch with CBDA. They have applied to CBDA for the allotment of 5000 ha. land on lease.In Udaipur, IKF has established a transesterification plant of 3000 liters per day capacity.This plant has been procured from Grow diesel venture, New Delhi.It is a batch process plant.IKF has planed to set up a transesterification plant of 3000 liters per day capacity at Chhattisgarh and 300 TPD (would be procured from Lurgi) at Gujarat.IKF has signed an MOA with Indian Oil limited , R& D center, Faridabad on 1st, March 2006 for the transfer of technology .

6/23/07
cmp 8.2planning to cultivate 1.5 lac hectares of jatropha.bio-fuel per hectare per harvest = 2000 litres.5% of 40 million ton diesel is in planning to be replaced by biofuel.= 5 lakh tonikf prodcution = 1.5 lac * 2k = 3 lakh tonrevenue expectation = 3 lac * 5 = 150 cr pe of 10 , resulting mcap = 1500 cr, present mcap = 250 crappreciation 600% in 2-3 years.

6/23/07

IKF Tech: Betting on expansion
IKF Technologies is seeing significant trading volumes of late on expectation of higher turnover on the back of its expansion plans currently being rolled out. The counter recorded a traded quantity of 1.61 lakh shares (2-week average 1.48 lakh shares) on the BSE as the Re-1 stock closed flat at Rs 3.51. The Kolkata-registered company, which would announce its Q2 results on October 31, is on an expansion mode in three of its business segments – telecom, ITES and bio-fuel.The company sources confirmed to Business Line that IKF was in the process of making a GDR issue (around 12 crore GDS to be listed on the Luxemburg Stock Exchange in November) to raise Rs 50 crore. It is also issuing 3 crore convertible warrants to three South African entities at an agreed conversion price of Rs 7 each. The non-promoters would pay 10 per cent total consideration upfront and conversion would take place by mid-2008.The company has floated a subsidiary in the US and another in the UK is also being incorporated shortly to boost sales of its calling cards. In the domestic market it is scheduled to sign an agreement with Tata Teleservices next month for becoming the designated outsourced call centre.

6/23/07
IKF Tech plans to grow jatropha in Africa
Approaches Swaziland, S. Africa, Mozambique for permissionGrand plansThe company plans to grow the plant in 50,000 acres of wastelands in these countries.Cost of buying land, nurturing plants and setting up plants expected to cost Rs 3,000 crore.Kolkata , Oct. 19IKF Technologies, the country’s first corporate jatropha refiner, has formally approached African Governments — Swaziland, Mozambique and South Africa — for permission to cultivate the plant.Armed with detailed project reports, the company has also applied for an area of 50,000 acres of wasteland in each of these countries for organised jatropha farming.Mr Mukesh Kumar Goel, a director of the company, told Business Line that official responses, however, were awaited. According to the company’s estimates, the cost of acquiring the land (total 1.5 lakh acres), nursing the plants till the first fruition after 18 months, and setting up crushing facilities would be Rs 3,000 crore.In a phased mannerIf permissions were obtained, the purchases or acquisition of land through lease and taking up the plantation projects would be done in a phased manner over a long period of time. IKF has sought to own the land in Africa, and prefers not go in for contract farming, Mr Goel explained.In India, it has opted for the contract-farming model in Rajasthan, where its existing refinery is located, in an area of 5,000 hectares. In Meghalaya, however, IKF cultivates on its own land.Its refinery was commissioned in March this year. Currently, it is procuring jatropha seeds from the open market since it began farming the plants in Meghalaya roughly 12 months ago.

6/23/07

BioDiesel International News :
Africans used to think jatropha was a worthless bush. Now it may be an important new source of energy. JATROPHA CIRCAS IS THE CINDERELLA of the plant world. Throw a seed in the poorest soil on the planet, and up comes a bush that will likely last 50 years. During a drought, jatropha bushes simply drop their leaves and keep pumping out seedpods. Live – stock won’t eat it, pests don’t appear to like it. For longer than anybody can remember, Africans used it as living fences meant to keep back the encroaching Sahara and Kalahari deserts. It wasn’t good for much else.Now this humble bush appears poised to become a global star. In recent years studies have shown that jatropha oil burns one fifth the carbon emission of fossil fuels, making Africa’s hardscrabble ground a potentially fertile source of energy. Scientists estimate that if even a quarter of the continent’s arable land were plowed into jatropha plantations, output would surpass 20 million barrels a day. That would be good news for Europe, where the thirst for biodiesel is growing. The European Union has decreed that consumers will use 5.75 percent biodiesel in motor vehicles by 2010 and 20 percent by 2020, which means that Europe has to come up with a 10.5 billion-litre supply of biodiesel in the next four years. With maize prices going through the roof, scientists are experimenting with alternative nonfood crops in the lab; so far, jatropha is the only one ready for commercialization.

6/23/07

company’s own calculations
http://www.ikf-technologies.com/bio_fuel.html

12/15/07

13.76 10% UCsomething cooking up..promoters going to shoot up in limelight of bio-fuel forumsJune 23, 2007 04:10 ISTLast Updated: June 23, 2007 10:38 ISTMarket sources say Nemish Shah, who spotted multi-baggers Sesa Goa [Get Quote] and Infosys [Get Quote] when everyone was looking the other way in the early 1990s, is also making quiet moves in biofuel companies in India, both listed and unlisted. Sources say little known IKF Technologies [Get Quote], which is entering bio-fuel production in a big way, has come on his investment radar.A listed company, IKF Tech recently sought government leases for a total of 150,000 hectares of land in Swaziland, Mozambique and South Africa to cultivate jatropha to produce biofuel.

12/15/07

http://asiacleantech.wordpress.com/2007/11/12/d1-oils-plans-to-cultivate-one-million-hectares-of-jatropha-globally/http://www.newsweek.com/id/68387Norwegian, Indian and British companies are racing to buy up or lease enormous swaths of African land for jatropha plantations. U.K.-based D1 Oils has bought 20,000 hectares in Malawi and 15,000 hectares in Zambia. India’s IKF Tech has requested government leases for a total of 150,000 hectares of land in Swaziland, Mozambique and South Africa. Worldwide Bio Refineries, a U.K. firm, has 40,000 hectares set aside for production in Nigeria, with planting to begin in May. A biofuel conference in Cape Town last month drew 200 attendants, prompting one …

Jan 2
today 19.95 locked up 5%expecting rs 25 as 1st tgt … no news out yet but something probably is going to come soon.then hold it for long term

 

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