Despite its huge potential in a largely agrarian country, biomass lacks competitiveness in India. It is also meagre in comparison with the other green energy sources.
Biomass energy is generated through organic matter and can be utilised for various applications, to produce heat and electricity, or used in combined heat and power (CHP) plants; in combination with fossil fuels (co-firing) to improve efficiency and reduce the build up of combustion residues; to replace petroleum as a source for transportation fuels.
Revision of tariff in many states has made biomass attractive
Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL) was formed under aegis of Bermaco Group in March, 2011 and is a well established player in the clean energy space and performs various activities relating to development and maintenance of energy plantation, biomass aggregation and supply chain anagement for IPPs, and process industries viz.
Biomass plays a vital role especially in rural areas, as it constitutes the major energy source to majority of households in India, but this resource has been small in terms of comparative scale in India, when compared to the other green energy sources.
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