Indian biomass market anticipated to reach Rs 320 bn by FY31: Report

02 Mar 2023 CW Team

According to a research, the Indian biomass market is anticipated to reach Rs 320 billion by FY 2030- 31 thanks to government initiatives and investments from international green energy businesses.

According to a report by 1Lattice, a technology-enabled decision support organisation, the introduction of new schemes in the support of biomass cogeneration projects is playing a critical role in the capacity expansions of small biogas plants located in distant and rural portions of India.

Global green energy businesses are making investments in the Indian biomass market. According to the report, there is an increasing need for businesses in India to have access to clean, dependable power, and biomass as an energy source is anticipated to play a critical role in satisfying this need.

“India currently has an installed capacity of 10.2 GW for biomass production and the biomass market in India is expected to reach Rs 32,000 crore by FY 31,” said Abhishek Maiti, Director of 1Lattice.

He added that organisations will have the chance to make climate-smart decisions and get the world closer to the goal of net-zero carbon emissions through investments and cooperation in the biomass energy ecosystem. By these investments, participants in the biomass energy ecosystem will be able to offer consumers more environmentally friendly options, aiding in the realisation of the objective of a sustainable society, he continued.

India currently has access to around 750 MMT of biomass annually, with an additional 230 MMT of surplus biomass available. India's installed biomass production capacity increased at a CAGR of 4%, reaching 10 GW in FY22. Government programmes that promote technologies for the best use of the nation's biomass resources include the biomass power & cogeneration programme and the revised strategy for biomass utilisation.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..