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SOURCE Bharat Book Bureau
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)
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 mulling over the idea of initiating a National Biomass mission on the lines of Jawaharlal Nehru National Solar Mission. Such a move by the government certainly augurs well for the industry which will open new doors of investment across the value chain of biomass sector.
Buoyed by the success of the Jawaharlal Nehru National Solar Mission, the MNRE is likely to launch National Biomass mission soon. Industry feels that, a National mission would fuel accelerated development in the biomass industry, same as JNNSM has done to Solar sector. Keeping these development in mind, ENINCON in its latest publication "National Biomass Mission in Offing: Identifying Lucrative Investment Pockets and Opportunity for Stakeholders across Value-Chain" has estimated that, after the announcement of National Mission, Biomass industry will attract an investment of about $ 17.5 billion across the value chain
Table of Contents
Biomass Power in India: Status Track
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