commercial production of spirulina algae-ksidc

7/30/2019 Commercial Production of Spirulina Algae-KSIDC

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Commercial Production of Spirulina Algae KSIDC

PROJECT PROFILE

ON

COMMERCIAL PRODUCTION OF SPIRULINA ALGAE

Prepared by:

Kerala State Industrial Development Corporation


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PROJECT PROFILE FOR COMMERCIAL PRODUCTION OFSPIRULINA ALGAE

INTRODUCTION

Spirulina is a simple, one-celled form of blue-green algae that gets its name from its spiralshape. The product is currently being hailed as the superfood of the future because of itsexceptional nutritional content. Spirulina is a better of its exceptional nutritional content.Spirulina is a better source of protein than either beef or soybean. It is also one source ofprotein than either beef or soybean. The process involves inoculation of spirulina culture intanks having mechanized agitators to oxygenate the water. About 20-25 gm of Spirulina

grows in 1.0 sq. meter surface area of water in a day. The blue-green algae is removed fromwater surface and allowed to dry before purification and production of powder by spraydrying process. It can be produced in very low cost and high cost depending upon thequality standard of infrasture facility ,production quality parameters and standarization ofproduct followed .Internationally ,customer are willingness to pay for the product ispremium price and so high end technology can equally viable as in the case low end .A lotof value added health drinks and products can be generated by using this algae.

MARKET

Huge Market Demand existing at domestic and international level.The various uses includeFood Supplement ,Therapeutic Value ,Pharmaceutical importance .It nutritional value isrecognized by UNO,WHO and NASA.NASA recognize this algae as a space food .Its regularuse can prevent lever diseases, cardiac vascular diseases ,blood deficiency ,malnutrion,diabetics etc .Hence it has tremendous growth potential .This algae contain essential aminoacid ,minerals ,proteins and vitamins .This alge will grow at a 25 C to 35 C and sunny daysare required for the smooth growth. The PH value of the water may be maintained between 8to 11 .This is done by using chemical agent in this regards .It may be produced in organicform or using chemical fertilizers .Organic products fetch better price in national andinternational level.

PROJECT PARAMETERS

CAPACITYProposed Capacity of the Plant 12000 Kg Dry Spirulina per annum (12 MT)


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LAND

The land required for constructing concrete pond ,Quality Checking lab ,plant for drying and

packing ,storage house etc estimated to be 2.5 acres.The land will have adequate waterfacility for filling the concrete tank .This may be either through bore well /other naturalsources

LOCATION

The project is proposed to be located at Life Science Park, Thiruvananthapuram.

PLANT AND MACHINERY

The major plant & machineries are Concrete Tanks, Automatic Agitator ,MechanizedCleaning of BioMass, Filtter Press ,Spray Drying ,Vaccum Packing Machine

RAW MATERIALS & UTILITIES

The main raw material is Mother Culture of Spirulina Algue .Water is the chief utilityrequired for the project

MANPOWER

Estimated manpower requirement for the project is 30 Nos

COST OF THE PROJECT

Land 3750000Site Development -Earth Work 1250000Building 1875000Plant & MachineryConcrete Tank 280 Nos 5180000Mechanized Cleaning of BioMass & Bio Mass CollectingVessels 950000

PVC Sheet and Rain Guarding Cost 1500000Iron Railing 300000Instrumentation and Automatic Agitator 2800000Filter Press 1250000Spray Dryer 1750000Packing Machine 1500000Lab Equipments 1000000


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Utilities 3000000Contingencies @ 10 % on Above 2610500Interest During Construction 4000000Pre-feasibility Study 250000Technical Know-how 500000

Mis Assets- 534500Deferred Exp on Brand Building 5000000Margin for Working Capital 1000000

Total 40000000

Approximate implementation period is estimated to be 1.5 to 2 years

MEANS OF FINANCERs in Lakhs

Equity 200.00

Term Loan 200.00

Total 400.00

SALES TURNOVER 221.10 Lakhs

FINANCIAL INDICATORS

Particulars

NET PROFIT in lakhs 36.10

BREAK EVEN POINT 30 %

DEBT SERVICE COVERAGE RATIO 1.63INTERNAL RATE OF RETURN 17 %

For further details please contact Kerala State Industrial Development Corporation Ltd.

Disclaimer:The findings contained in this Project Profile are based on the initial information collated through primary and secondaryresearch, which is indicative in nature. Reference herein to any specific commercial product, process, service by trade name,trademark, manufacturer, or otherwise, does not constitute or imply its endorsement, recommendation, or favoring byKSIDC or any entities thereof.

commercial production of spirulina algae-ksidc

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