- May 10, 2024
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- MSME Unit
Biomass Briquettes Tender Opportunity in Telangana
Attention, Entrepreneurs and Investors!
Are you considering starting a Biomass Briquette Business in Telangana? It’s a brilliant idea! Biomass Briquettes are a green fuel made from agricultural waste, which is abundant in our state. The Telangana Government is actively promoting clean energy solutions, leading to a rising demand for Biomass Briquettes. This presents a great investment opportunity, with the potential for significant profits. Additionally, Government support from the Ministry of Power and other bodies further drives the demand for Biomass Briquettes in Telangana.
Briquettes Users Industries:
Biomass Briquettes are incredibly versatile and are used in many industries in Telangana:
- Textile Mills: They’re used as fuel in boilers for dyeing and drying textiles, providing a cheap and eco-friendly option.
- Brick Kilns: Briquettes are a sustainable heat source for baking bricks, making brick production more efficient and eco-friendly.
- Food Industry: In food processing, briquettes are used for cooking, heating, and generating steam, ensuring efficient operations with minimal environmental impact.
- Leather Industry: They’re used in boilers for heating and processing leather, offering a clean and sustainable energy solution.
- Dyeing Houses: Briquettes are used in boilers for heating water and generating steam for dyeing, contributing to sustainable and cost-effective dyeing processes.
- Chemical Plants: These briquettes serve as a reliable fuel source in chemical production, supporting sustainable and efficient manufacturing practices.
- Rubber Industry: Briquettes are used in boilers for heating and processing rubber, offering a sustainable alternative to conventional fuels.
- Pharmaceuticals Industry: They’re used for heating and generating steam in pharmaceutical manufacturing, ensuring reliable and environmentally friendly operations.
- Paper Mills: Briquettes serve as a sustainable fuel source in boilers for making paper, supporting eco-friendly paper production processes.
Subsidy Benefits :
In Telangana, starting a Biomass Briquette Business can be very beneficial, as there are several subsidies and incentives available:
- Agriculture Infrastructure Fund: You can get a 3% interest subsidy for 7 years on loans up to 2.00 crore. This subsidy doesn’t need collateral, and you can easily access bank finance within 60 days.
- MNRE (Central Financial Assistance): Receive financial assistance of up to 9.00 lakhs per metric ton per hour of production capacity, with a maximum of up to 45.00 lakhs.
- State Level MSME Specific Subsidy: Enjoy benefits like a refund of stamp duty on land purchase, refund of CLU fee, state capital subsidy on building & plant expenses, and exemption from electric duty.
- Income Tax Exemption: Get 100% exemption on profits from the biomass briquettes business for 5 years from the year of starting the business.
Investment Requirements:
To start a Biomass Briquette Business in Telangana, you would need the following investment:
- Land: Half an acre to 1 acre for the plant and storage.
- Building and Civil Work: A building of 550 to 650 sq. m, costing around 50 to 55 lakhs.
- Plant & Machinery: Machinery costs around 75 to 80 lakhs.
- Other Expenses: Electrification, weight measurement, furniture, etc., costing 15 to 20 lakhs.
- Working Capital: Approximately 60 to 70 lakhs for 30 days.
- Total Fund Requirement (Except Land): Around 1.85 to 2.00 crores.
- Own Fund Requirement: 25% – 50 lakhs.
- Bank Loan: 75% – 1.50 crores.
List Of Thermal Power Plant :
In Telangana, 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 Telangana :
Sr No | Plant Name |
---|---|
1 | NTPC Ramagundam |
2 | Singareni Thermal Power Project |
3 | Ramagundam B Thermal Power Station |
4 | Kothagudem Thermal Power Station |
5 | Kakatiya Thermal Power Station |
6 | BHADRADRI TPP |
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)
We can supply biomass briquettes in AP Telangana region.
Thanks for your interest. Kindly share your number or you can connect with us on 8683898080.