Biomass for Power Generation
The Government is providing various fiscal incentives for setting up of power generation projects from biomass throughout the country including capital subsidy linked with capacity and fiscal incentives such as concessional customs duty on import of machineries and components, excise duty exemption, accelerated depreciation on major components, relief from taxes and term loan from Indian Renewable Energy Development Agency (IREDA), and other financial institutions. This apart, preferential tariff is being provided for sale of power from commercial biomass power projects in 14 states. Promotional incentives are also provided for development of biomass power projects, capacity building, awareness creation etc.
The Indian Institute of Science, Bangalore has prepared a National Biomass Resource Atlas. It reports that the surplus agro, industrial and agricultural residues in the country has been estimated to about 120-150 million MT per year for power generation which has a biomass power potential of about 18000 MW.
A cumulative biomass power generation capacity of 1870 MW through 220 projects has already been installed and 2170 MW through 170 projects are under implementation as on 30.6.2009 in the States of Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Karnataka, Maharashtra, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.
This information was given by Shri Farooq Abdullah, Union Minister for New and Renewable Energy, in a written reply in Rajya Sabha today.
Source
The Government is providing various fiscal incentives for setting up of power generation projects from biomass throughout the country including capital subsidy linked with capacity and fiscal incentives such as concessional customs duty on import of machineries and components, excise duty exemption, accelerated depreciation on major components, relief from taxes and term loan from Indian Renewable Energy Development Agency (IREDA), and other financial institutions. This apart, preferential tariff is being provided for sale of power from commercial biomass power projects in 14 states. Promotional incentives are also provided for development of biomass power projects, capacity building, awareness creation etc.
The Indian Institute of Science, Bangalore has prepared a National Biomass Resource Atlas. It reports that the surplus agro, industrial and agricultural residues in the country has been estimated to about 120-150 million MT per year for power generation which has a biomass power potential of about 18000 MW.
A cumulative biomass power generation capacity of 1870 MW through 220 projects has already been installed and 2170 MW through 170 projects are under implementation as on 30.6.2009 in the States of Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Karnataka, Maharashtra, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.
This information was given by Shri Farooq Abdullah, Union Minister for New and Renewable Energy, in a written reply in Rajya Sabha today.
Source