Andreas Sommer
Kathmandu (NPL)
Role(s):
Founder/Owner/Principal
Biotechx Energy International
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Startup
Location:
Kathmandu
Industry:
Energy
Year Founded:
2007
Number Employees:
1-10 people
Description:
We are proposing a 9000MT Biodiesel Plant in Nepal (and other suitable countries in the short term)
1. 9000MT/Anno from Biodiesel.
2. 12 MW from Biogas production.
3. 50000 MT of Organic Fertilizer.
4. 8 MW from Cogeneration of Biomass Burning.
5. 900 MT of Crude Glycerin.
Milestones:
1. Company registration.
2. LOIs with/for Glycerin, Fertilizer
3. 12000 Hectare Land assigned (Farmer and Government contracts)
4. CO2 contract Sold.
5. MoU with the sole buyer/supplier (Nepal Oil Cooperation).
6. PDD Design.
To be achieved in the next 3 months:
1. PPA with the Nepal Electricity Authority.
2. EIA (Environmental Impact Assessment).
High Level Government Talks have been initiated and first stakeholder meeting with the Secretaries/Ministers of the concerned ministries have been held.
IRR 5 years = 139%
NPV = 147,392,520 (10% discount rate)
55,977,443 (25% discount rate)
35,381,296 (35% discount rate)