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National Biomass Mission in Offing: Identifying Lucrative Investment Pockets and Opportunity for Stakeholders Across Value-Chain
Date:12/13/2013

MUMBAI, December 13, 2013 /PRNewswire/ --

Bharat Book Bureau presents National Biomass Mission in Offing: Identifying Lucrative Investment Pockets and Opportunity for Stakeholders across Value-Chain. This report as one of the world's largest producers of sugar, India produces enough sugarcane bagasse to generate more than 5 GW through co-generation. Further another 2.7 GW can be generated through waste to energy (WTE) technology. (http://www.bharatbook.com/alternative-sources-market-research-reports/national-biomass-mission-in-offingidentifying-lucrative-investment-pockets-and-opportunity-for-stakeholders-across-value-chain.html)

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India, being an agrarian economy generates 620 MT of bio-resources. Industry experts believe that 150MT of this could be used to generate 17.5 GW of electricity. As one of the world's largest producers of sugar, India produces enough sugarcane bagasse to generate more than 5 GW through co-generation. Further another 2.7 GW can be generated through waste to energy (WTE) technology. In comparison to the these level of potential , India has so far been able to harness only ~1750 MW, 2337 MW and 210 MW of biomass, bagasse cogeneration and WTE capacity by the end of FY 2012-13.

These numbers clearly indicates that, the Indian biomass industry has not witnessed investment level matching to its potential. The renewable energy industry including the biomass industry depends greatly on government's grants and subsidies. Taking note of the high potential of the sector, the MNRE has been mullin
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SOURCE Bharat Book Bureau
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