Biomass Briquettes Tender Opportunity in Uttar Pradesh
Attention, Entrepreneurs and Investors!
Are you looking to start a Biomass Briquette Business in Uttar Pradesh? It’s a fantastic opportunity! Biomass briquettes are an eco-friendly fuel source made from agricultural waste, which is abundant in our state. The Uttar Pradesh Government is actively supporting clean energy solutions, leading to a growing demand for biomass briquettes. This creates a lucrative investment prospect, with the potential for substantial profits.
Furthermore, Government initiatives from the Ministry of Power and other relevant bodies are driving the demand for biomass briquettes in Uttar Pradesh. By investing in this green energy sector, not only can you contribute to environmental sustainability, but you can also benefit from the increasing demand for clean energy solutions in Our State.
Briquettes Users Industries:
Biomass Briquettes are a versatile and eco-friendly fuel source used across various industries in Uttar Pradesh:
- Textile Mills: In the textile industry, biomass briquettes are used in boilers for dyeing and drying textiles, offering a cost-effective and environmentally friendly option.
- Brick Kilns: Briquettes serve as a sustainable heat source for baking bricks, making brick production more efficient and environmentally friendly.
- Food Industry: Biomass briquettes are used for cooking, heating, and generating steam in food processing, ensuring efficient operations with minimal environmental impact.
- Leather Industry: In the leather industry, briquettes are used in boilers for heating and processing leather, providing 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: In the rubber industry, briquettes are used in boilers for heating and processing rubber, offering a sustainable alternative to conventional fuels.
- Pharmaceuticals Industry: Biomass briquettes are 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.
By utilizing biomass briquettes, industries in Uttar Pradesh can not only reduce their carbon footprint but also contribute to a cleaner and more sustainable future for the state.
Subsidy Benefits :
Starting a Biomass Briquette Business in Uttar Pradesh can be highly advantageous, as there are several subsidies and incentives available:
- 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 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 such as a refund of stamp duty on land purchase, refund of Change of Land Use (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:
Investment Requirements for Starting a Biomass Briquette Business in Uttar Pradesh
To Start a Biomass Briquette Business in Uttar Pradesh, you would need the following investments:
- Land: Half an acre to 1 acre of land 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: Includes 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 Uttar Pradesh, 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 Uttar Pradesh :
| Sr No | Plant Name |
|---|---|
| 1 | Feroj Gandhi Unchahar Thermal Power Plant |
| 2 | MEJA STPP |
| 3 | PRAYAGRAJ TPP |
| 4 | Rosa Thermal Power Plant |
| 5 | Obra Thermal Power Station |
| 6 | Harduaganj Thermal Power Station |
| 7 | Anpara Thermal Power Station |
| 8 | Parichha 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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