Industry Overview

Indian Biomass potential is estimated at 18000 MW

Details: Category: Industry Overview

A recent survey by Indian Institute of Science, Bangalore and Indian Biomass Resource Atlas estimates farm waste generated in India is around 120-150 million tonnes every year. These farm waste could be used to generate 18000 MW of power using energy efficient boilers. As of now, around 200 thermal projects use biofuels and generate 1870 MW of power. Further, 170 projects are in the pipeline, which could add another 2170 MW of power.

Already, Indian government through its ministry and IREDA provides subsidies to promote biomass projects and other fiscal incentives like concession in custom duty for importing machinery, exise duty exemption. State governments too provide preferential tariff on purchase of power from these projects.

Shyam Sel commissions its 8 MW biomass power unit

Details: Category: Industry Overview

Shyam Sel Ltd of Shyam group of companies has commissioned its 8 MW biomass plant in Burdwan. The plant will use rice husk and will also recycle waste heat generated from its sponge iron foundry kiln. The total investment for the plant was Rs. 350 million and built on 6 acres of land. The power produced will be consumed captively and any excess will be sold to WBSEB power grid.

More potential exists for bio mass power in Punjab

Details: Category: Industry Overview

Major players like Green Planet Energy Pvt Ltd (145.5 MW), Orient Green Power (20 MW) PR Engineering Services (25 MW), Turbo Atom (TPS) Projects Pvt Ltd (50 MW), Meenakshi Infrastructure Pvt Ltd (31 MW) and Foods Fats & Fertilizers Ltd( 20 MW) have line projects in the state to make use of abundant bio waste generated by the farmers. It is estimated that 330 MW of bio mass power will be generated next year. Currently, Ambuja Cements in Ropar is successfully generating 22 MW of bio mass power by using different types of bio-waste.

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Oriental Green Power plans 8 bio mass power units across India.

Details: Category: Industry Overview

Oriental Green Power, a company promoted by Shriram EPC, is planning to invest Rs. 11000 million to set up 8 bio mass based power projects across India. The likely states are Rajasthan, Punjab, Maharashtra, Tamil Nadu and Andhra Pradesh over the next 2 years. Investment for the projects will come from debt and equity and the company has recently raised Rs.3000 million through equity. 3 projects are likely to come up in Vandavasi, Sattur and Pollachi in Tamil Nadu.