Otway Silva - Dellyn Carbon Project

Otway Silva - Dellyn Carbon Project is a plantation forestry project located approximately 10km west of Simpson and 45km southwest of Colac in Victoria's Western District. It was registered in April 2023 and covers 381.47ha, with a variation adding more land to the project area in August 2023.

Plantation forestry projects involve establishing and maintaining a new plantation forest, or converting a short-rotation plantation to a long-rotation one, specifically for the commercial harvesting of wood products.

The Corangamite Shire and Simpson areas are well known for intensive dairy farming, agriculture, and growing forestry operations. The region experiences high rainfall (averaging 800-1000mm annually) and features highly fertile soils, typically derived from volcanic basalt and limestone.

This project is part of a broader local investment by the proponent, Otway Silva Pty Ltd, which is a subsidiary of the German insurance group Munich Re. Managed alongside Midway Plantations, the company has recently purchased several former dairy farms along a 15km stretch in this exact district to expand their commercial blue gum plantation estate.