IKF Green Fuel Limited, an upcoming Bio- Diesel firm has organized one day workshop on 18th May, 08 at Institute of Health and Family welfare, Jaipur, Rajasthan. On this occasion, senior officials were present from NIAM, Rural Development, Agriculture Department and Financial Departments. Over 50 Agri - graduates have attended the workshop and the aim was to acquaint the Agri-graduates about Jatropha plantation and contract farming for producing Bio- Diesel.

In the work shop, they have facilitated the information on Jatropha cultivation and prospects of Bio-Diesel. IKF Green Fuel have also done the same workshop in Nagpur on May 14, 2008, where in over 76 Agri – Graduates attended and got benefited by the business plan which we have provided in the business model through our work shop and most of the attendees have entered into our business plan for expansion of our business in the Maharashtra state. .The focus is to create general awareness about Jatropha / Biofuel among Stakeholders i.e. State Government, Agriculture Graduates, Bio Fuel Authority (BFA), Agriculture Department, Rural Development deptt. etc. and to understand the existing policy of BFA and State Government regarding Jatropha / Biofuel.

Mr. Anil Roongta, Project Director of IKF Green fuel Limited, said “Jatropha is an important source of Bio-Fuel. Bio-fuel is not only economically cheap but also an eco-friendly fuel. Mr. Roongta added that the climate of Rajasthan is immensely suitable for Jatropha cultivation. It is easily cultivable in wasteland and it can generate lot of employment opportunities for the rural youth. The company is doing Jatropha plantation in 30,000 hectare of land in Meghalaya and the company now plans to undertake this activity in Rajasthan in 50,000 hectare of land”.

The company already has started Jatropha plantation in 1000 hectare of land in district Udaipur. IKF Technologies Ltd. has a Bio-fuel refinery in Udaipur and the capacity of the refinery will be expanded to 100MT in future.The state Govt. of Rajasthan has also established a Bio-fuel Authority with policies and guidelines. The company also intends to establish Rural Business Hubs in Rajasthan with the support of Govt of India. These hubs will facilitate employment opportunities for the rural people.”

IKF Green Fuel Limited is exploring the possibility of engaging agriculture graduates either as business associates, channel partners or contractual employees or franchisees for contract farming and establish liaison with various stakeholders in Rajasthan to understand and promote the overall scenario of Jatropha / Biofuel / Waste land allocation in Rajasthan.

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About IKF Technologies Ltd.

IKF Technologies Ltd. was incorporated on 22nd, February, 2000 in the name of IKF Software.com Limited to carry on the software development business and ITES-BPO activities. It is listed on Mumbai (BSE), the Calcutta Stock Exchanges and Luxembourg Stock Exchange. The company is seeking further listing on National Stock Exchange (NSE). The name of the company was changed to IKF Technologies Limited with effect from 5th July 2001. The company is being managed by Board of Directors, who are senior professionals drawn from various fields. It has won the award of "Udyog Ratan Award" by IES/ICSME in 2007 for its Corporate Excellence.

It is basically in the field of Bio Diesel, Telecom, IT Software development, Business process Outsource (BPO) and application maintenance services linking e-business with core information systems for companies worldwide. The Company is established with a prime objective of providing knowledge based IT services and solutions through its top notch professionals that enhance the efficiency, effectiveness and profitability of client's business.

It has taken a plunge in the field of telecom sector by establishing its calling card business which is expected to further strengthen the company's path of progress. It has subsidiaries in South Africa and USA and has plans for setting up offices in Romania, Swaziland and Mozambique. The Company is also in a process to start B.P.O. operations from South Africa to explore the emerging opportunities in IT and ITES field.

At present, the paid up capital of the Company is Rs. 26.81 crores and market capitalization is more than 200 Crores.