core sector communique

Sun – Plant takes Green Business Initiatives to prevent eventual economic breakdown

Kolkata, 26th may 2012 Sun- plant’s journey started 19years back with the objective principle of eradicating environmental pollution and also pollution from soil and society by providing and generating huge employment opportunities to poor and down trodden particularly in rural sector of the country. Unemployment is a social menace and this can be removed in greater extent by systematic ‘Green Movement’ and balancing use of chemicals with that of ‘Green Business Initiatives’ to prevent eventual economic breakdown.

Today Sun – Plant is having around 30Lacs soft wood trees and oil bearing plants namely Jatropha Carcus in 3000acres of land magnifying the rural segment of the country. Besides recent initiation of Jatropha Bio – Diesel production through smaller expeller, our significant breakthrough is projecting Algal Bio – Fuel in technical collaborations with Institute of Generic Engineering, Kolkata. We are member of Biological Association of India, Membership no. 80/2009 and having Bio – Diesel test reports from National Test House, IIT, Kharagpur.

We have already completed first phase of our Algal Research through its growth study and experimented Bio – Mass yielding and oil extraction process in Institute’s Lab. We have designed our own photo membrane Bio – Reactor for optimum Micro Algal growth, cultivation and lipid production.

Our venture in Green Business like producing Bio – Fertilizer from De – Oiled Cake (DOC) Bio – pesticides’, Fish Meal etc. is to save us from high risk health hazards and restoring our soil from chemical intoxication.

In order to upgrade our green mission, we have purchased 470n acres Kalyanpur Tea Estate, for organic Tea Plantation to cross another milestone under the banner of Sun – Plant Tea Estate Ltd. We have also introduced Solar Energy Products, Anti Radiation and Health Care Products under the banner of Sun –Plant Health Care (P) Ltd.

We are now joint venture partner with West Bengal Waste Land Development Corporation (WBWDC), Ministry of Forest, and Govt. of West Bengal on 30,000acres of land provided to us by Govt. of Bio – Energy Corp Cultivation and Medicinal Plant with an assurance of further 20,000 acres on successful completion of the project.

It is very much encouraging and worth mentoring here that Organization like ITC/NTPC, Sumitomo Electric, Osaka Japan have shown their keen interest for joint venture with Sun – Plant for reducing Carbon Footprints. We have always got huge cooperation from various Institutions, Universities and also Institute of Engineers India under leadership and guidance of Prof.(Dr.) Sarajit Basu, Ex – Head of Chemical and Bio – Medical Engineering, Mumbai IIT.

We are deeply embarking in Clean Development Mechanism (CDM) to earn Carbon Credit. Just few days back, UNFCCC’s approved Auditor, and Rainforest International has validated Sun – Plant Forestry Project for issuing VCS (Verified Carbon Standard) certificate to earn Carbon Credit. It is an outstanding achievement because Sun – Plant is the Second Company to receive this validation on afforestation in entire Asia Pacific Region.

It’s important to mention here that both VC & Registrar of Calcutta University has given green signal (dt.22.05.2012) to start Algae Project (2^nd Phase) in Sundarban with Sun – Plant for Carbon mitigation and procurement of bio – mass to produce high quality fish fees enriched with protein and carotene.