Nandan Cleantec says its jatropha seed business will grow 25 percent per year through 2015

In India, jatropha seed developer Nandan Cleantec expects sales to grow by 25% per year through 2015 due to demand for high oil-yielding varieties. The company raised $25 million with its IPO on the London Stock Exchange’s Alternative Investment Market last week. The company had $100 million in revenues last year and expects $200 million next year.