The investment will be made through directly managed plantations on owned or leased land and through contract farming and seed purchase agreements, which will provide significant employment for local communities.
Production of Jatropha oil is expected to begin in 2010. Much of the Jatropha oil produced from the plantations will be used to meet local Bio Diesel requirements with any excess exported any where in world, Bio-fuel production was expected to start in 2012.
“Bulk Agro is working to ensure that the infrastructure is in place to deliver Jatropha oil in the INDIA during 2011″.
Mr. Madan Lal Raj purohit, Executive CEO & Director, Bulk Agro India Pvt Ltd.