Biomass Briquettes Tender Opportunity in Maharashtra
Looking for a new business idea? Consider starting a Biomass Briquette Business in India!
With the country’s increasing emphasis on clean energy, there is a growing demand for eco-friendly fuel like Biomass Briquettes. This creates a great opportunity to start such a business in Maharashtra. The Government, especially through the Ministry of Power, is supporting clean energy sources, which is driving the demand for Biomass Briquettes. It’s a favorable time to invest in this sector.
Briquettes Users Industries:
Briquettes are used in various industries in Maharashtra:
- Textile Mills: Briquettes are used as fuel in boilers for dyeing and drying textiles.
- Brick Kilns: They provide a steady heat source for baking bricks.
- Food Industry: Briquettes are used for cooking, heating, and generating steam in food processing.
- Leather Industry: Briquettes are used in boilers for heating and processing leather.
- Dyeing Houses: Briquettes are used in boilers for heating water and generating steam for dyeing.
- Chemical Plants: They are used as fuel in chemical production.
- Rubber Industry: Briquettes are used in boilers for heating and processing rubber.
- Pharmaceuticals Industry: They are used for heating and generating steam in pharmaceutical manufacturing.
- Paper Mills: Briquettes are used as fuel in boilers for making paper.
Subsidy Benefits :
Here is a subsidy benefits for Maharashtra:
Agriculture Infrastructure Fund: Get a 3% interest subsidy for 7 years on loans up to 2.00 crore. No need for collateral, and easy 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 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:
Here is a Investment Requirements for Maharashtra:
Land Required: 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 Maharashtra, 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 Maharashtra :
| Sr No | Plant Name |
|---|---|
| 1 | Chandrapur Super Thermal Power Station |
| 2 | Khaperkheda Thermal Power Station |
| 3 | Koradi Thermal Power Station |
| 4 | Nashik Thermal Power Station |
| 5 | Paras Thermal Power Station |
| 6 | Parli Thermal Power Station |
| 7 | MAUDA TPS |
| 8 | SOLAPUR STPS |
| 9 | AMARAVATI TPS |
| 10 | BUTIBORI TPP |
| 11 | DHARIWAL TPP |
| 12 | NASIK (P) TPS |
| 13 | Trombay 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)
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Hi i am interested for these biomass pallets project plz. Share all information about that
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Hi i am interested for biomass pallets project plz.
Welcome in KIP
Great thanks for showing interest.
Further, you’re requested to kindly share your contact number so that we can contact to you for your requirements.
You may also connect with us on 8683898080.
Thanks & Regards