MNRE plans to set up company for generating power using biomass

In a bid to encourage renewable energy sources of power generation in India, the union ministry of new and renewable energy (MNRE) is looking at setting up a company for biomass-based power generation and promotion on the lines of Solar Energy Corporation of India (SECI).

The proposed company would focus on promotion and generation of biomass-based power and execute projects in the country. “We are focusing to promote biomass-based power generation in the country. For this, the ministry is planning to set up a company for biomass energy same as we set up SECI last year,” said Tarun Kapoor, joint secretary, MNRE on the sidelines of 11th Green Power conference in Ahmedabad on Thursday.

According to MNRE data, currently biomass availability in India is estimated at about 500 millions tones per year, while studies have estimated surplus biomass availability at about 120–150 million tones per annum, covering agricultural and forestry residues corresponding to a potential of about 18,000 Mw of power generation.
It may be noted here that MNRE had set up Solar Energy Corporation of India on September 2011 under section-25 of the Companies Act, 1956 with an aim to set up state-sponsored solar power projects in the country.

“Of the over 200,000 Mw of installed power generation capacities in India, nearly 12 per cent or 25,000 Mw is generated from renewable sources. Looking at the growing need for electricity and issues faced in the conventional power generation, we need to increase our focus on renewable sources,” said Kapoor.

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Source: Business-Standard

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