Biomass Briquettes Tender Opportunity in Tamil Nadu
Dear Businessman and Investors,
Have you thought about starting a Biomass Briquette Business in Tamil Nadu? It is a fantastic idea! Biomass Briquettes are an eco-friendly fuel made from agricultural waste, which Tamil Nadu has in abundance. The Government of Tamil Nadu is committed to promoting cleaner energy solutions, leading to a growing demand for Biomass Briquettes. This creates a significant opportunity for investment in this sector, with the potential for substantial profits. Moreover, the Ministry of Power and other Government Bodies are actively supporting clean energy sources, further boosting the demand for Biomass Briquettes in Tamil Nadu.
Briquettes Users Industries:
Biomass Briquettes are highly versatile and find applications in various industries across Tamil Nadu:
Textile Mills: Briquettes serve as a fuel in boilers for dyeing and drying textiles, providing a cost-effective and eco-friendly alternative.
Brick Kilns: Biomass briquettes offer a sustainable heat source for baking bricks, aiding in efficient and environmentally friendly brick production.
Food Industry: In the food processing sector, briquettes are used for cooking, heating, and generating steam, ensuring efficient operations with minimal environmental impact.
Leather Industry: Briquettes are utilized in boilers for heating and processing leather, offering a clean and sustainable energy solution.
Dyeing Houses: Biomass 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: Biomass briquettes are utilized 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 Tamil Nadu, starting a Biomass Briquette Business can come with several subsidy benefits, making it an attractive venture:
Agriculture Infrastructure Fund: You can avail a 3% interest subsidy for 7 years on loans up to 2.00 crore. This subsidy does not require collateral, and bank finance is easily accessible 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 Tamil Nadu, 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 Tamil Nadu, 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 Tamil Nadu :
| Sr No | Plant Name |
|---|---|
| 1 | Neyveli Thermal Power Station II |
| 2 | NTPL Thermal Power Station |
| 3 | Vallur Thermal Power Station |
| 4 | Tuticorin Thermal Power Station |
| 5 | North Chennai Thermal Power Station |
| 6 | Mettur 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.
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Briquette manufacturing is required to obtain pollution control board certified
Manufacturing of briquette from agricultural waste and wooden saw is required to obtain pollution control board certificate