Subsidy For Torrefied And Non-Torrefied Pellets ||

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Points that we have discussed in this video:

- The biomass pellets and briquettes industry is expanding rapidly with new opportunities.

- Learn about the latest updates on subsidies for biomass briquettes and pellets.

- The Ministry of Renewable Energies revised Central Financial Assistance (CFA) on July 16, 2024.

- Subsidy for biomass briquettes remains ₹9 lakh per ton, up to 5 tons.

New subsidy rates:

- Non-torrefied pellets: ₹21 lakh per ton (maximum ₹1 crore 5 lakh or 30% of plant cost).

- Torrefied pellets: ₹42 lakh per ton (maximum ₹2 crore 10 lakh or 30% of plant cost).

- Understand the differences between non-torrefied and torrefied pellets.

- Torrefied pellets offer higher energy density and durability due to advanced technology.

- The Ministry provides higher subsidies for torrefied pellets to offset higher production costs.

- Increasing demand for biomass pellets in power plants and other industries.

- Explore the potential for entering this growing business with agro-based residues.

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