Trade Resources Economy Biomass Based Power Generation Projects with a Total Installed Capacity of 3462 MW

Biomass Based Power Generation Projects with a Total Installed Capacity of 3462 MW

Dr Farooq Abdullah minister of New and Renewable Energy informed the Lok Sabha that Biomass based power generation projects with a total installed capacity of 3462 MW which includes 86 MW in West Bengal have been set up in the country so far. State wise details of biomass based power generation projects.

Ministry of New and Renewable Energy is promoting setting up of power generation projects from biomass through various technological routes such as combustion, gasification and cogeneration. Various fiscal and financial incentives such as capital subsidy and fiscal incentives including concessional customs duty on import of machinery and components, excise duty exemption, accelerated depreciation on major components and relief from taxes are being provided for setting up of biomass based power projects.

Mr Abdullah said that besides, preferential tariff is being provided for sale of power from biomass power projects. 5 biomass power projects with a total capacity of 1.60 MW are at various stages of commissioning in West Bengal. 

Source: http://www.steelguru.com/indian_news/Biomass_based_power_generation_projects_of_3462_MW/293904.html
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Biomass Based Power Generation Projects of 3462 Mw
Topics: Metallurgy