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GLOBAL FUELS??? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
THE SOLUTION- PONGAMIA PINNATA METHYL ESTER ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PONGAMIA BIOFUELS Ltd .
PONGAMIA PINNATA –An introduction ,[object Object],[object Object],[object Object],[object Object],Pongamia plant Pongamia Pinnata seeds Pongamia plantations ,churu 2004 Same plantations ,june 2005
The production processes 1. Pongamia Pinnata plantations and growth 2. Seed procurement from farmers. 3. Expelling seeds for pongamia oil production 4. Transesterification of pongamia oil for  production of pongamia pinnata methyl ester 5. Market commercial supply
STRUCTURE OF EXPELLING PLANT Extensive work on the tissue  culture (biotechnology )to  produce the best oil yielding  Seeds.
The biodiesel process using Lipase 3A catalyst THE TRANSESTERIFICATION –PONGAMIA TO BIODIESEL ,[object Object],[object Object],[object Object],[object Object],[object Object],PILOT BIODIESEL PLANT  CHEMICAL ENGG.LAB,BITS Pilani Vegetable oil Alcohol Catalyst (lipase 3A ((1,3-specific lipase)catalyst) Glycerin Bio-diesel 100 gm 12 gm 1 gm 11 gm 95 gm
PRICING OF BIO DIESEL (incurred per liter) Cost (Rs) Assumptions / Remarks  Cost of Seed (Rs/Kg Oil) 16.40 Seed Rs 5/Kg, Oil yield 53%,  Cost of Collection & Oil Extraction 2.50 Losses 5%, 1.05 Kg -> 1 Kg oil,  Trans-esterification Cost includes cost of lipases and methanol being used *** 8.32Description For 10-15T/day Cost of Bio-diesel per Kg 27.2 - Less Byproduct (oil cake) -2.23 2.23 Kg cake @ Rs 1/Kg Less Byproduct (Glycerol) -3.80 0.095 Kg @ Rs 40/Kg Net Cost of Biodiesel per Kg 21.17 As per ABOVE ESTIMATES Net Cost of Bio-diesel per ltr 17.99 Specific Gravity of oil = 0.85 Sale price of Bio Diesel  per ltr 25.00 Profits + transport & Interest/miscl. @ Rs 1/litre
PONGAMIA PINNATA V/S DIESEL PROPERTY PONGAMIA DIESEL NORMS Density g/ml(30ºC) 0.88 0.85 >0.8 Combustion Point (ºC) 192 55 >55 Kinetic Viscosity Constant cST (30°) 4.8 2 to 8 ~5 Calorific Potential (MJ/Kg) 41 45 Not defined Cetane Number 52 47.5 >48 Ester Content (%) >99 0 >99 Sulphur Content (%) 0 <0.5 <0.55 Carbon Residue (%) 0.024 <0.35 <0.1
The cash flow chain
MARKET COMPETITION ,[object Object],[object Object],[object Object],[object Object],[object Object]
WHERE WE SCORE OVER OTHERS Mr Jitendra panwar (bio. Associate professor) BITS pilani has worked extensively on  Tissue culture of Pongamia Pinnata plant. With his work using biotechnology better  quality seeds are being produced yielding a higher pongamia oil yield per kg. Aseem and Prashant have done extensive work under prof. BV Babu(Head chemical Engineering department, BITS pilani )on transesterification of pongamia oil to produce biodiesel using  Lipase 3A (1,3-specific lipase) catalyst. The methyl ester (biodiesel) using lipase 3A catalyst has been found to give higher ester yield (72.2%). Moreover, since it was found to have almost the same viscosity, brake power,  SCF, it was found to be compatible with any engine(run on diesel).Tests on sterling two stroke engine(Horizontal 2 cycle,7hp/2400 rpm of pre-combustion type) revealed satisfactory results when run on the biodiesel
OPERATIONAL STRATEGY
YEAR 1 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
YEAR 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
YEAR 3 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
HR STRUCTURE
STRUCTURE AT DIFFERENT LEVELS
FINANCIALS
CASH FLOW CASH FLOW             Year>>> 2008 2009 2010           Beginning Cash Position  -  11,098,600  44,234,359    >>>>>VC + Personal Investments 30000000 0 0   Revenues 15500000 60970000 60970000   Cash IN  45,500,000  60,970,000  60,970,000    Costs 24198400 23877741 27646506.5   Fixed asset purchases 10203000 3956500 10155000   Cash OUT  34,401,400  27,834,241  37,801,507    Subtotal 11098600 33135759 23168493.5   >>>>>>>>Return to VC  0 0 50000000   Cash flow per year  11,098,600  33,135,759  26,831,507-   Ending cash position  11,098,600  44,234,359  17,402,853                 
RATIO ANALSYIS RATIO ANALYSIS                   2008 2009 2010 Formula                           Solvency ratio -44% 67% 94% Equity / total assets                         Gross margin -14% 2017% 1932% (Sales - Cost of Sales) / Cost of Sales                     Return on Assets -44% 67% 94% Profit current year / ((total assets(Y0)+ assets(Y-1))/2)                   Cost / Income ratio 156% 39% 45% Total costs / total income                       Growth of Sales - 293% 0% (Sales Y1 - Sales Y)/ Sales Y                       Growth of number of direct jobs - 73% 6% (number of staff  Y1 / number of staff Y)-1                                                                          
RETURN ON ASSETS DIAGRAM
VISION TO MAKE THIS WORLD SELF-SUFFICIENT IN ENERGY

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Winner Bplan presenatation ITBHU,DCE,IIT DELHI

  • 1.
  • 2.
  • 4.
  • 5. The production processes 1. Pongamia Pinnata plantations and growth 2. Seed procurement from farmers. 3. Expelling seeds for pongamia oil production 4. Transesterification of pongamia oil for production of pongamia pinnata methyl ester 5. Market commercial supply
  • 6. STRUCTURE OF EXPELLING PLANT Extensive work on the tissue culture (biotechnology )to produce the best oil yielding Seeds.
  • 7.
  • 8. PRICING OF BIO DIESEL (incurred per liter) Cost (Rs) Assumptions / Remarks Cost of Seed (Rs/Kg Oil) 16.40 Seed Rs 5/Kg, Oil yield 53%, Cost of Collection & Oil Extraction 2.50 Losses 5%, 1.05 Kg -> 1 Kg oil, Trans-esterification Cost includes cost of lipases and methanol being used *** 8.32Description For 10-15T/day Cost of Bio-diesel per Kg 27.2 - Less Byproduct (oil cake) -2.23 2.23 Kg cake @ Rs 1/Kg Less Byproduct (Glycerol) -3.80 0.095 Kg @ Rs 40/Kg Net Cost of Biodiesel per Kg 21.17 As per ABOVE ESTIMATES Net Cost of Bio-diesel per ltr 17.99 Specific Gravity of oil = 0.85 Sale price of Bio Diesel per ltr 25.00 Profits + transport & Interest/miscl. @ Rs 1/litre
  • 9. PONGAMIA PINNATA V/S DIESEL PROPERTY PONGAMIA DIESEL NORMS Density g/ml(30ºC) 0.88 0.85 >0.8 Combustion Point (ºC) 192 55 >55 Kinetic Viscosity Constant cST (30°) 4.8 2 to 8 ~5 Calorific Potential (MJ/Kg) 41 45 Not defined Cetane Number 52 47.5 >48 Ester Content (%) >99 0 >99 Sulphur Content (%) 0 <0.5 <0.55 Carbon Residue (%) 0.024 <0.35 <0.1
  • 10. The cash flow chain
  • 11.
  • 12. WHERE WE SCORE OVER OTHERS Mr Jitendra panwar (bio. Associate professor) BITS pilani has worked extensively on Tissue culture of Pongamia Pinnata plant. With his work using biotechnology better quality seeds are being produced yielding a higher pongamia oil yield per kg. Aseem and Prashant have done extensive work under prof. BV Babu(Head chemical Engineering department, BITS pilani )on transesterification of pongamia oil to produce biodiesel using Lipase 3A (1,3-specific lipase) catalyst. The methyl ester (biodiesel) using lipase 3A catalyst has been found to give higher ester yield (72.2%). Moreover, since it was found to have almost the same viscosity, brake power, SCF, it was found to be compatible with any engine(run on diesel).Tests on sterling two stroke engine(Horizontal 2 cycle,7hp/2400 rpm of pre-combustion type) revealed satisfactory results when run on the biodiesel
  • 14.
  • 15.
  • 16.
  • 20. CASH FLOW CASH FLOW             Year>>> 2008 2009 2010           Beginning Cash Position - 11,098,600 44,234,359   >>>>>VC + Personal Investments 30000000 0 0   Revenues 15500000 60970000 60970000   Cash IN 45,500,000 60,970,000 60,970,000   Costs 24198400 23877741 27646506.5   Fixed asset purchases 10203000 3956500 10155000   Cash OUT 34,401,400 27,834,241 37,801,507   Subtotal 11098600 33135759 23168493.5   >>>>>>>>Return to VC 0 0 50000000   Cash flow per year 11,098,600 33,135,759 26,831,507-   Ending cash position 11,098,600 44,234,359 17,402,853                
  • 21. RATIO ANALSYIS RATIO ANALYSIS                   2008 2009 2010 Formula                           Solvency ratio -44% 67% 94% Equity / total assets                         Gross margin -14% 2017% 1932% (Sales - Cost of Sales) / Cost of Sales                     Return on Assets -44% 67% 94% Profit current year / ((total assets(Y0)+ assets(Y-1))/2)                   Cost / Income ratio 156% 39% 45% Total costs / total income                       Growth of Sales - 293% 0% (Sales Y1 - Sales Y)/ Sales Y                       Growth of number of direct jobs - 73% 6% (number of staff Y1 / number of staff Y)-1                                                                          
  • 22. RETURN ON ASSETS DIAGRAM
  • 23. VISION TO MAKE THIS WORLD SELF-SUFFICIENT IN ENERGY