Biomass Briquettes

Introduction: Biomass briquettes are a biofuel substitute to coal and charcoal. Briquettes are mostly used in the developing world, where cooking fuels are not as easily available. There has been a move to the use of briquettes in the developed world, where they are used to heat industrial boilers in order to produce electricity from steam. The briquettes are co-fired with coal in order to create the heat supplied to the boiler.

Market Potential

With a population of 1.252 billion, Indian economy is one of the fastest growing economies of the world and a founding member of SAARC and G4 nations. Some of the largest cities in India are Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Jaipur, Ahmedabad, and Kolkata. The country has low per capita income of USD 1165 and USD 5238 in PPP terms. With the slowdown in world economic growth, the Biomass Briquette industry has also suffered a certain impact, but still maintained a relatively optimistic growth.

Various regulation laid down by government and growing concern for environment will lead to increasing demand for biomass Briquettes in coming years.

Benefits of Biomass Briquettes

Besides being cheaper alternative for conventional fuels, what makes its future brighter is easier availability of agro waste in ample quantity. With the rising awareness and demand for bio-mass briquettes, more and more industries across the sectors, are waking up to its benefits. More importantly, the various Governments too have realized its significance as cheaper and eco-friendly alternative to conventional source of fuels and energies. Governments are sparing no efforts to promote bio-mass briquettes by way of slew of tax benefits and financial incentives to boost the usage of bio-briquettes as alternate source of renewable energy. Let’s look at some distinguished benefits of bio-mass briquetting plants. The speedy viability of the project within a time frame of two years makes it more investment friendly.

• Rising demand due to rising cost of fossil fuel.
• Renewable source of fuel and energy
• Tax benefits and incentives
• Relaxed rules
• Pollution free because there is no sulfur content
• Easy mobility and transportation
• Contain high density