The World's #1 Renewable Energy Network for News, Information, and Companies.

Punjab Biomass Plans 96 Megawatts of Renewable Projects in India

Punjab Biomass Plans 96 Megawatts of Renewable Projects in India

Punjab Biomass Power Ltd., a developer of clean-energy projects in India, plans to set up 96 megawatts of plants fueled by rice straw by 2017.

The company, backed by Infrastructure Leasing & Financial Services Ltd. and Bermaco Energy Ltd., expects to raise 800 million rupees ($15.2 million) by February for its next plant in northern Punjab state, Bermaco Managing Director Monish Ahuja said in a phone interview today from Mumbai. It has an existing 12-megawatt plant in Patiala district.

India, the second-largest producer of rice and sugar, estimates it has the potential to produce 17,536 megawatts of power from burning crop waste, the equivalent capacity of about 16 nuclear plants. It has built 3,319 megawatts of biomass capacity, including plants fueled by sugar-cane pulp that produce both electricity and heat, according to data from the Ministry of New and Renewable Energy.

Punjab Biomass plans seven more 12-megawatt projects that will sell power to Punjab State Power Corp. That expansion may include the purchase of a shuttered plant owned by the state government, he said.

IL&FS owns 51 percent of Punjab Biomass, and the remainder is held by Bermaco. Gammon Infrastructure Projects Ltd. exited the company last year.

Interested in learning more about this topic? Come to Renewable Energy World North America in Orlando this December and check out our session: Rice Husks, Sludge, Wood Waste and More: How Viable are Alternative Fuels for Heat or Power?

Copyright 2012 Bloomberg

Lead image: Rice straw via Shutterstock


Stock graph

Green Bonds Sprout as Wall Street Embraces Renewable Energy Debt

Cordell Eddings, Bloomberg Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new iss...
MIT Clean Energy Prize

MIT Clean Energy Prize Awards $400,000 to Energy Efficiency, Renewable Ventures

Eric Kirchblum, MIT Earlier this month, the MIT Clean Energy Prize (CEP) announced the winners of the 2015 competition at the Eversource MIT Clean Energy Prize Showcase & Grand Prize Awards Ceremony, where it awarded over $400,000, includ...

The Big Question: What Is the Most Frustrating Part about Working in Renewable Energy?

Renewable Energy World Editors

Every industry has its challenges and misunderstandings. Sometimes the obstacles we face in simply trying to do our jobs can be very frustrating.

Norway and Sweden flags

Nordic Renewables Boom Set to Exceed Wind Energy Target

Jesper Starn, Bloomberg

Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.


Volume 18, Issue 3


To register for our free
e-Newsletters, subscribe today:



Mastering RETScreen® 4 for Clean Energy Project Analysis

Hands-on modeling class using RETScreen 4. Michael Ross designed this co...


Chile is still considered to be one of the world’s hottest m...

Renewables and Mining Summit and Exhibition

African mining leaders are seriously exploring new energy solutions to s...


Substrate Feeder for Biogas Facilities

RUD manufactures complete, ready-to-use conveyor systems for transportin...

US Energy Grid Review Finds Needed Upgrades Would Allow More Solar,...

Yesterday (April 21) the U.S. Department of Energy released the first Qu...

Clean Energy Patents Rise in 2014, Solar Tops others, Toyota and GM...

U.S. patents for Clean Energy technologies in 2014 were again at an all ...


Tweet the Editors! @megcichon @jennrunyon


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now