Biomass Briquettes Tender Opportunity in Gujarat
Dear Businessman/Investors,
Are you looking for new business opportunities in India? Consider supplying Biomass Briquettes! The demand for these eco-friendly fuel sources is increasing, especially with the Government’s focus on clean energy. This presents a great chance to enter the Biomass Briquette Business in Gujarat.
The Government’s initiatives, particularly under the Ministry of Power, are driving the demand for biomass briquettes. They are actively supporting clean energy sources, making this business even more promising.
Briquettes Users Industries:
Briquettes are used by various industries for different purposes. Here’s a simple description of some industries that use briquettes:
- Textile Mills
- Brick Kiln
- Food Industry
- Leather Industry
- Dyeing House
- Chemical Plants
- Food Processing Units
- Rubber Industry
- Pharmaceuticals Industry
- Paper Mills
Subsidy Benefits :
Here are the benefits of subsidies for Briquettes:
- Agriculture Infrastructure Fund: Interest Subsidy @ 3% For 7 Year on Term Loan up to 2.00 Cr. CGTMSE Guarantee Cover (No Collateral Security needed).Easy Bank finance within 60 Days.
MNRE (Central Financial Assistance) 9.00 Lacs Per MT/Per hour Production Capacity. (Maximum up to 45.00 Lacs.)
- State Level MSME Specific Subsidy : Stamp Duty Refund on Land Buying, CLU Fee Refund, State Capital Subsidy on Fixed Capital Expenditure (Building & Plant), Electric Duty Exemption.
Income Tax Exemption:- 100% of Profit From Bio- Mass Briquettes Business for 5 Years from the Year of Commencement of Business.
Investment Requirements:
Investment requirements for starting a biomass briquette business can vary depending on the scale and complexity of the operation. Here’s a brief overview:
(For a Standard Capacity – 2 Ton Per Hour Project)
- Land Required (Owned/Lease) – Half Acre to 1 Acres (May extent for Storage Purpose).
- Building and other Civil Work – (550 Sq. m to 650 Sq. m) – Approx. 50 Lacs to 55.00 Lacs
- Plant & Machinery – 75 Lacs to 80.00 Lacs.
- Other: (Electrification/Weight Measurement/Furniture etc.) – 15 Lacs to 20.00 Lacs.
- Working Capital Need: (For 30 Days) – Approx. 60 to 70.00 Lacs.
- Total Fund Requirement (Except Land): Approx. 1.85 Cr. to 2.00 Cr.
- Own Fund Requirement – 25% – 50.00 Lacs.
- Bank Loan – 75% – 1.50 Cr.
List Of Thermal Power Plant :
In Gujarat, there are several Thermal Power Plants that contribute significantly to the State’s Power Generation Capacity.
Here is a description of some of the Major Thermal Power Plants in Gujarat:
| Sr No | Plant Name |
|---|---|
| 1 | Mundra Thermal Power Station |
| 2 | SALAYA TPP |
| 3 | Akrimota Thermal Power Station |
| 4 | "Gandhinagar Thermal Power Station" |
| 5 | Kutch Thermal Power Station |
| 6 | Sikka Thermal Power Station |
| 7 | Ukai Thermal Power Station |
| 8 | Wanakbori Thermal Power Station |
| 9 | Surat Thermal Power Station |
| 10 | Mundra Ultra Mega Power Project |
| 11 | Sabarmati Thermal Power Station |
For, more information you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and Contact Number – +918683898080
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
BIOMASS BRIQUETTES TENDER IN OPPORTUNITY IN GUJARAT
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