Biomass Briquetting Project

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This project is called “Biomass Briquetting Project” and is simply process of converting Agro waste and Forestry waste into bio-mass Briquettes/Bio-coal. The bio-mass briquetting is the best renewable source of energy for healthy environment and economy. It’s completely Eco-friendly green energy project.

1. 100% Depreciation:
Total value of plant and Machinery is allowed to be depreciated in the first year. Under Section : Solid
agro waste
2. Excise Exemption:
Solid fuel briquettes are completely exempted from excise duty.
3. Sales Tax : Exemption:
Several States have exempted solid fuels briquette from sales Tax.
4. Benefits of Priority Sector:
Energy being priority sector & considering the cost of project benefits of SSI & Priority Sector are
(-2-) In addition to above incentives being offered by Govt. It is seen that Govt. has taker this project
on their top most priority and considering of more incentives to the enterpreneurs Considering the
above factor, we strongly recommend this project to be installed in you area
5. Benefits of Income Tax
100% INCOME TAX exemption for first five years under section 80 JJA clause 51