Costing for one hector/ yr (US$)

 (Calculated back from a 100 ha semi intensive sea water unit)

Interest for land cost : 2213
Pond const. & preparation : 4255
Harvest & extract : 1064
Other infra : 1064
Fertilizer : 6383
CO2 : 2160
Energy : 1490
Manpower : 3191
Interest : 1490

Total : 23310

Biomass prod @ 40g/m2/d for 300 days and oil @ 25%

Oil : 400kgx25%x300 : 30000 Kg( 188 barrel) ( consider as Liter)
*Cake: 260 kgx300 : 78000Kg

Cake price @ 0.2 : US$15600
Oil price : 23310 - 15600 : 7710 / 188 : 41

Crude algae oil @ US$ 41 per barrel.

Land : 130 Ha

Total Capital : US$ 14 million

 

* most convenient path. Other products like gasoline, hydrogen, csg and electricity also possible.

 

FACTS FOR URGENT CONSIDERATION......

In 2007-08 India imported 121.67 million tons crude oil. In order to produce this much of fuel 365.01 million tons biomass required annually. As per our biomass production achievement the land area required 2 million hectors. India has 60 million ha of degraded land (Min. of Agriculture).

For developing 2m ha for algae energy production                  Rs. 1200000,0000000

India's crude import bill for the year 2007-08                               Rs.   272699,0000000

The nation has the potential to meet the complete requirement of fuels by its own production

In addition to the many environmental benefits, biomass offers many economic and energy security benefits. By growing our fuels at home, we reduce the need to import oil, reduce our exposure to disruptions in that supply and generate employment.