ELECTRICITY GENERATION

USING BIO-FUEL

A PRESENTATION

BY

GOLDEN GREEN ENERGY CO LIMITED

Mr Abdulrahman ADO

WHO WE ARE COMPANY REGISTERED IN 2011

TEAM OF EXPERTISE ACROSS INDUSTRIES IN TELECOMS, POWER ENGINEERING, ENERGY ECONOMICS AND TRADING, BIO-TECHNOLOGY, AGRICULTURE, BUSINESS MANAGEMENT WITH EXPERIENCE IN BOTH PUBLIC AND PRIVATE SECTORS

EMERGED TO CONSOLIDATE, ALIGN AND LEVERAGE SEVERAL INITIATIVES BY ASSOCIATES AND SISTER COMPANIES

WHO WE ARE 2 CCEWA TECHNOLOGY LIMITED; CENTRON PARTNERS

LIMITED; GOLDEN GREEN GENETICS LTD; GOLDEN GREEN LOGISTICS LIMITED; GOLDEN GREEN ENERGY LTD

BELIEVE IN WEALTH CREATION FROM GREEN ENERGY-’GOLDEN’

FOCUS ON

ELECTRICITY GENERATION

BIO-FUELS PRODUCTION

GREEN TECHNOLOGY ACQUISITION

ENERGY CROPS PRODUCTION

FOOD CROPS PRODUCTION

WHO WE ARE 3

TRAINING AND CAPACITY DEVELOPMENT

RESEARCH IN TO NEW TECHNOLOGIES, PROCESSES AND METHODS THAT WILL ENHANCE THE QUALITY OF ENVIRONMENT

NIGERIAN ELECTRICITY SUPPLY INDUSTRY

ABUNDANCE OF FEEDSTOCK-COAL, GAS, SUNSHINE, WIND CORRIDORS, HYDRO SITES, URANIUM, VEGETATION

A LARGE AND ENTERPRISING POPULATION

VIBRANT ECONOMY

MASSIVE SUPPLY DEFICIT

NIGERIAN ELECTRICITY SUPPLY INDUSTRY 2

5000MW, 6000MW, 7000MW + CAPCITY INSTALLED

3000-4000MW AVAILABILITY

GRID COVERS LESS THAN 50% OF POPULATION

THOUSANDS OF IPPS BUT INEFFICIENT PRODUCTION

INVESTMENT OPPORTUNITIES 2

LARGE POPULATION (150million people) LOW SUPPLY

MORE THAN 50% OFF GRID

EXPENSIVE, INEFFICIENT SELF SUPPLY

CHALLENGES (TIME,TECHNOLOGY,FINANCE) TO HARVEST AND HARNESS GAS, COAL ,FOSSIL DIESELE.T.C

INVESTMENT OPPORTUNITIES 3

CURRENT AND EMERGING ENABLING ENVIRONMENT.

Electric Power Sector Reform Act(2005)

Monopoly unbundled ---eleven(11) distribution companies(DISCOS), six(6) electricity generating companies and, (1) transmission company

All companies licensed

Generation tiberalised and legacy(government generating companies) being privatized 100%

Generation of electric power liberalized

DISCOS being privatised

Transmission company to remain government owned.

LEGAL AND REGULATORY

Regulator, Nigerian Electricity Regulatory Commission (NERC) in place.

Licenses to private companies granted

Feed in tariff for renewable energy released

AVAILABILITY OF PROVEN TECHNOLOGY

Two-stroke engine for crude liquid biofuel feedstock cost efficient( no need to refine, low or slow fuel consumption rate, readily available)

Biomass gasification and electric generation plants for industrial and agricultural waste

Potential for use off grid generation using human waste in large residential and industrial estates

WHY 100% USE OF BIO-FUEL?

PROHIBITIVE COST OF SUPPLY AND TRANSPORT OF FOSSIL IMPORTED ADDITIVE FOSSIL FUEL

ABUNDANT FEEDSTOCK e.g. PALM KERNEL AND COCOA SHELL

ABUNDANT LAND FOR CULTIVATION e.g. Jatropha

SPIN OFF BENEFITS I.E. EMPLOYEMENT, ECO SYSTEM RECTIFICATION AND SUSTAINABILITY, OPTIMUM UTILISATION OF LAND, ALTERNATE INCOME TO FARMERS

TARGET MARKET

PRIORITY MARKET IS THE UNDERSERVED OR UNSERVED OFF-GRID; rural and semi-urban, industrial and housing estates and parks, universities, industrial and leisure resorts e.t.c.

PRIVATISED ELECTRICITY DISTRIBUTION COMPANIES

SPECIAL REQUESTS

LASTLY THE GRID

CURRENT POSITION

SECURED ACCESS TO LARGE SOURCE OF SUPPLY OF FEEDSTOCK AND LAND FOR EXPANSION(Long term lease of 140,000 hectares of oil palm plantation and almost 30,000(still counting) hectares of farmland for Jatropha cultivation.

ENTERED STRATEGIC AGREEMENT WITH GROWERS, LAND OWNERS, ACTIVE RENEWABLE ENERGY CONSULTANTS AND ADVOCATES FOR FUTURE SUPPLY.

OPENED DISCUSSION FOR GREEN SOCIAL PROJECT INITIATIVES WITH INSTITUTIONS AND NGOS

SECURED INVESTMENT COMMITMENT TO FINANCE 75% OF EACH JATROPHA DIESEL POWERED PLANT UP TO 200MW IN THE FIRST INSTANCE. COMMITMENT DEPENDENT ON PROVE OF CONCEPT.

CURRENT POSITION 2 ALMOST CONCLUDED CONFIRMATION OF

80%COMMITMENT(AS INVESTMENT) ON SUPPLY OF ALL BIO-MASS PLANTS TO USE PKS AND COCOA SHELL AS WE'LL AS SOLAR AND SMALL HYDRO. COMMITMENT DEPEND ON PROVE OF CONCEPT.

AQUIRED FIRST INDUSTRIAL SCALE JATROPHA OIL EXPELLER

OPENED FORMAL DISCUSSION WITH BOI, NERC, ECN, AHMADU BELLO UNIVERSITY DEPTS OF BIO-TECHNOLOGY, CHEMICAL ENGINEERING, INSTITUTE OF AGRIC

CURRENT POSITION 3 PLAN TO COMMENCE IN 2013, PILOT SCHEME TO

GENERATE 5MW ELECTRICITY (USING JATROPHA CRUDE AS FEED STOCK) IN JIGAWA STATE.CONTACT and PROGRESS WITH STATE GOVERNMENT AS POSSIBLE OFF TAKER ESTABLISHED

DISCUSSION TO DO SAME (USING PKS AND COCO SHELL) IN CROSS RIVER STATE AND THE CALABAR EXPORT FREE ZONE ADVANCED.

ON GOING DISCUSSION ON 25% COUNTER FUND FOR THE JATROPHA BASED ELECTRICITY PLANT AND 75% FOR THE PLANTS THAT WILL USE PALM KERNEL SHELL

CURRENT POSITION 3

. PILOT PLANTING OF GENETICALLY IMPROVED SEEDS FOR CORN,

WATERMELON, RICE, TOMATO AND OKRO IN NORTHERN

NIGERIA- FANTASTIC RESULT

.TO SIGN SUPPLY AND PRODUCTION AGREEMENT WITH

WORLD GENETICS LTD OF MALAYSIA FOR SUSTAINABILITY

. TO SET UP RESEARCH CENTRE IN

NIGERIA IN THE LONG RUN

.PLAN MIXED COPPING(ENERGY AND FOOD CROPS) ON ALL

GOLDEN GREEN PLANTATIONS

.SEEKING INVESTMENT ON 140,000 HECTARES OF OIL PALM

PLANTATION

. PLANTATION TO ENSURE SECURITY OF PALM KERNEL SHELL

FOR ELECTRICITY

INTERNATIONAL TECHNOLOGY & RESOURCE PARTNERS

BESTWAY CO LTD OF POLAND

Importers of palm kernel shell(PKS) to Europe

H. CEGIELSKI POZNAN S.A. POLAND

Manufacturers of the 2-stroke engne under MAN diesel licence

WARTSILA OF FINLAND

Manufacturers of. 4 stroke electricity generation plant using 100% unrefined liquid vegetable oil as feedstock

BIONAS MALAYSIA

• Track record in promotion of Jatropha development

• Unique technology for processing Crude Jatropha Oil, no need for refinery infrastructure nvestment

• Have a formal JV Partnership covering investment and technology transfer and sharing

• Have jointly aquired the first industrial scale Jatropha oil expelling equipment being nstalled in Nigeria

WARTSILA OF FINLAND

Manufacturers of 4-stroke electricity plant that use 100%

crude liquid bio fuel

Present in Nigeria and track record of deploying other diesel generators in West Africa