Report Description

India biomass market is expected to increase during the forecast period because India is aiming to reduce its reliance on fossil fuels in its journey to reach net-zero emissions by 2070. It has accordingly mandated utilities to co-fire biomass with coal. This will raise demand for biomass in the coming years, but ample domestic supplies mean that consumers are unlikely to turn to the seaborne market, at least in the foreseeable future.

India currently has an installed capacity of 10.2 GW for biomass production. Investments and collaborations in the biomass energy ecosystem is expected to present an ample opportunity for organizations to make climate-smart decisions and move the country closer to goal of net-zero carbon emissions. Government initiatives such as biomass power & cogeneration program along with the revised policy for biomass utilization have promoted technologies for the optimum use of the country’s biomass resources. Other factors such as attractive investments from foreign green companies and technological advancements are contributing to driving the biomass market in India.

According to the MNRE (Ministry of New and Renewable Energy), the present accessibility of biomass in India is projected at about 750 mm tonnes per year. It is renewable, widely available, carbon-neutral and has the ability to provide substantial employment in the rural areas.  Biomass is also able of providing firm energy.  About 32% of the total primary energy consumed in the country is still obtained from biomass and more than 70% of the country’s population depends upon it for its energy requirements.  Ministry of New and Renewable Energy has appreciated the potential and role of biomass energy in the Indian context and hence has introduced a number of program for promotion of efficient technologies for its use in numerous sectors of the economy to certify derivation of maximum benefits.  For efficient utilization of biomass, bagasse-based cogeneration in sugar mills and biomass power generation have been taken up under biomass power and cogeneration program.

Biomass is a renewable organic material that derives from plants and animals. Biomass represses stored chemical energy from the sun that is fabricated by plants through photosynthesis. Biomass can be burned down directly for heat or transformed to liquid and gaseous fuels through numerous processes. Biomass is used for heating and electricity generation and as a transportation fuel. Biomass is a worthy fuel in many countries, especially for cooking and heating in India.

Biomass Power and Bagasse Co-generation Program:

To harness energy from biomass, the Ministry of New and Renewable Energy, Government of India (MNRE, GoI), and the Ministry of Power (MoP, GoI) has been working to promote the biomass power and bagasse co-generation program under biomass mission. It is projected that around 18 GW of electricity might be generated from the leftovers of agricultural and agro-industrial activities although the cumulative potential is projected to be around 28 GW. The potential for surplus power generation in sugar mills through bagasse cogeneration is estimated to be close to 8 GW. This estimate considers gradually increasing steam temperature and pressure, as well as more efficient project configuration in newly constructed sugar mills and the ongoing modernization of existing sugar mills. Therefore, the anticipated potential for biomass-based electricity is around 26 GW. Up to the end of 2020, the nation would be home to more than 550 different Biomass Independent Power Producer (IPP) and Bagasse Cogeneration-based power plants with a combined capacity of 9.37 GW. To date, approximately 550 power plants with a combined capacity of 9.37 GW have been commissioned in the states of Maharashtra, Uttar Pradesh, Karnataka, Tamil Nadu, Andhra Pradesh, Chhattisgarh, West Bengal, and Punjab, in India. These states account for most of the country's overall power generation capacity. The Bagasse Cogeneration Sector contributed 7.56 GW to this total, while the Biomass IPP Sector contributed 1.83 GW. Till December 2020, more than 200 biomass (non-bagasse) cogeneration units with a combined capacity of 772 MW have been set up across the nation (MNRE, 2021). There is a significant amount of potential for using bio-crops to produce biofuels, such as ethanol and biodiesel, through biochemical conversion and chemical conversion methods, respectively.

Similarly, various types of biomass waste, such as wood wastes, agricultural residues, animal manures, and municipal wastes, all have significant potential for producing energy either through thermochemical or biochemical processes. In 2018, some important bioenergy program were started viz, the New National Policy on Biofuels and the program on Energy from Urban, Industrial, and Agricultural Waste/Residues. These initiatives aimed to keep ongoing policies and program up to date to better address the upcoming difficulties in the energy sector. In addition, the government of India has taken several initiatives to increase the amount of biogas that is produced in the nation. The New National Biogas and Organic Manure Program (NNBOMP) and the Biogas Power Generation (Off-grid) and Thermal Energy Application Program (BPGTP) were both recently introduced by the government as central schemes to ease the process of establishing biogas production units.

India Biomass Market: Major Recent Developments

·      State-controlled utility NTPC's Dadri was the first Indian power plant to co-fire biomass with coal after trials that used 10pc biomass in the overall fuel mix. Dadri provides power for the national capital region (NCR), which includes Delhi and its surrounding districts, and has a coal-fired generation capacity of 1,820MW and gas-fired capacity of 817MW.

·      NTPC has further placed an order for 930,000t of biomass pellets that will lift its co-firing in 2022 and beyond. The largest Indian utility is executing a tender to procure another 20mn t of biomass, which will enable the firm to co-fire 5mn t/yr. of pellets at its 17 power plants.

·     Key cement maker Dalmia Bharat has set a target to be carbon negative by 2040, and for a complete replacement of fossil fuels with biomass and alternative energy sources by 2035. India's largest cement maker UltraTech aims to cut emissions by 25pc by 2030 and produce carbon-neutral products by 2050. The company aims to meet 100pc of its electricity requirement through renewable sources by 2050.

·       UltraTech in October 2021 signed an agreement with a domestic biomass aggregator to partly replace coal and petroleum coke in its cement kilns. The aggregator, Punjab Renewable Energy Systems (PRESPL) subsequently signed an agreement with JK Cement to help the firm expand use of biomass and alternative fuels towards replacing fossil fuels.

·    FMCG and pharmaceutical businesses are observing biomass as a replacement fuel. Hindustan Unilever, the Indian subsidiary of FMGC major Unilever, has eradicated coal usage across its processes, substituting it with green alternatives such as biomass and biodiesel as a part of its bigger plans to attain zero emissions in operations by 2030. All its coal-fired boilers have been transformed to use biomass and other renewable fuels.

India Biomass Market: Challenges

Despite the growth potential, the India biomass market faces several challenges. One of the main challenges is the accessibility and cost of biomass feedstock. The cost of biomass can differ depending on the season, location, and availability, which can impact the profitability of biomass power plants. In addition, the transportation of biomass from the source to the power plant can add to the cost.

Another challenge is the environmental effect of biomass power plants. While biomass is considered a renewable energy source, its production and use can still have adverse impacts on the environment. For example, the combustion of biomass can release greenhouse gases and other pollutants, which can contribute to climate change and air pollution. Therefore, it is essential to ensure that biomass power plants are used within environmentally sustainable practices.

Additionally, the process of biomass generation requires high initial and operating cost. High transportation, feedstock acquisition cost along with cost associated with pre-treatment technologies of biomass is expected to restrain the growth of the industry. Moreover, the additional expenses associated with cost of generating electricity is hindering the market growth.

   


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Market Segmentation

India biomass market is segmented into type, technology, products, end use and region. Based on type, the market is segmented into natural biomass, residual biomass, and biomass produced by energy crops. Based on technology, the market is segmented into thermochemical and biochemical. Based on products, the market is segmented into biopower, transportation fuels, biogas, and biomaterials. Based on end use, the market is segmented into industrial, transportation, residential, utility, and commercial. Based on region, the market is segmented into North India, South India, West India, and East India.

Market Players

India Biomass market players include Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Reliance industries Limited, Universal Biofuels Private Limited Private Limited, Khanda Biofuels Private Limited Private Limited, G-Energetic Biofuels Private Limited, Altret Industries Private Limited, Biodiesel Technocrats Private Limited, Abellon CleanEnergy Limited, and Universal Biofuels Private Limited Private Limited Private Limited.


Attribute

Details

Base Year

2023

Historic Data

2019 – 2022

Estimated Year

2024

Forecast Period

2025 – 2029

Quantitative Units

Revenue in USD Million and CAGR for 2019-2023 and 2024-2029

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

Technology

Products

End Use

Region

Regional Scope

North, South, West, East

Key companies profiled

Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Reliance industries Limited, Universal Biofuels Private Limited Private Limited, Khanda Biofuels Private Limited Private Limited, G-Energetic Biofuels Private Limited, Altret Industries Private Limited, Biodiesel Technocrats Private Limited, Abellon CleanEnergy Limited., Universal Biofuels Private Limited Private Limited Private Limited

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, India Biomass market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Biomass Market, By Type:
    • Natural Biomass
    • Residual Biomass
    • Biomass Produced by Energy Crops
  • India Biomass Market, By Technology:
    • Thermochemical
    • Biochemical
  • India Biomass Market, By Products:
    • Biopower
    • Transportation Fuels
    • Biogas
    • Biomaterials
  • India Biomass Market, By End Use:
    • Industrial
    • Transportation
    • Residential
    • Utility
    • Commercial
  • India Biomass Market, By Region:
    • North India
    • West India
    • South India
    • East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India biomass market.

Available Customizations:

India biomass market with the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

·         Detailed analysis and profiling of additional market players (up to five).

India biomass market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Study

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Methodology Followed for Calculation of Market Size

2.3.  Methodology Followed for Calculation of Market Shares

2.4.  Methodology Followed for Forecasting

3.    Executive Summary

4.    Voice of Customer

5.    India Biomass Market Outlook

5.1.   Market Size & Forecast

5.1.1.     By Value

5.2.   Market Share & Forecast

5.2.1.     By Type (Natural Biomass, Residual Biomass, Biomass Produced By Energy Crops)

5.2.2.     By Technology (Thermochemical, Biochemical)

5.2.3.     By Products (Biopower, Transportation Fuels, Biogas, Biomaterials)

5.2.4.     By End Use (Industrial, Transportation, Residential, Utility, Commercial)

5.2.5.     By Region

5.2.6.     By Company (2023)

5.3.  Market Map (By Type, By Technology, By Products, By End Use, By Region)

6.    North India Biomass Market Outlook

6.1.   Market Size & Forecast

6.1.1.     By Value

6.2.   Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Technology

6.2.3.     By Products

6.2.4.     By End Use

7.    West India Biomass Market Outlook

7.1.   Market Size & Forecast

7.1.1.     By Value

7.2.   Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Technology

7.2.3.     By Products

7.2.4.     By End Use

8.    South India Biomass Market Outlook

8.1.   Market Size & Forecast

8.1.1.     By Value

8.2.   Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Technology

8.2.3.     By Products

8.2.4.     By End Use

9.    East India Biomass Market Outlook

9.1.   Market Size & Forecast

9.1.1.     By Value

9.2.   Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Technology

9.2.3.     By Products

9.2.4.     By End Use

10. List of Biomass Power Projects Along with Installed Capacity in India

11. Recent Government Initiative and Schemes for Biomass

12. Market Dynamics                                                                                                      

12.1.  Drivers/ Opportunities

12.2.  Challenges              

13. Market Trends and Developments

14. Policy & Regulatory Landscape

15. India Economic Profile                                                                                                 

16. Competitive Landscape

16.1.             Competition Outlook

16.2.             Company Profiles (Up to 10 Leading Companies in India including Domestic & Foreign Players)

16.2.1. Bharat Petroleum Corporation Limited

16.2.1.1.  Company Overview

16.2.1.2.  Product Portfolio

16.2.1.3.  Financials (If Available)

16.2.1.4.  Key Personals

16.2.1.5.  Client Portfolio (If Available)

16.2.1.6.  Major Projects (If Available)

16.2.1.7.  Recent Developments/Updates

16.2.2. Indian Oil Corporation Limited

16.2.2.1.  Company Overview

16.2.2.2.  Product Portfolio

16.2.2.3.  Financials (If Available)

16.2.2.4.  Key Personals

16.2.2.5.  Client Portfolio (If Available)

16.2.2.6.  Major Projects (If Available)

16.2.2.7.  Recent Developments/Updates

16.2.3. Reliance industries Limited

16.2.3.1.  Company Overview

16.2.3.2.  Product Portfolio

16.2.3.3.  Financials (If Available)

16.2.3.4.  Key Personals

16.2.3.5.  Client Portfolio (If Available)

16.2.3.6.  Major Projects (If Available)

16.2.3.7.  Recent Developments/Updates

16.2.4. Universal Biofuels Private Limited Private Limited

16.2.4.1.  Company Overview

16.2.4.2.  Product Portfolio

16.2.4.3.  Financials (If Available)

16.2.4.4.  Key Personals

16.2.4.5.  Client Portfolio (If Available)

16.2.4.6.  Major Projects (If Available)

16.2.4.7.    Recent Developments/Updates

16.2.5. Khanda Biofuels Private Limited Private Limited

16.2.5.1.  Company Overview

16.2.5.2.  Product Portfolio

16.2.5.3.  Financials (If Available)

16.2.5.4.  Key Personals

16.2.5.5.  Client Portfolio (If Available)

16.2.5.6.  Major Projects (If Available)

16.2.5.7.  Recent Developments/Updates

16.2.6. G-Energetic Biofuels Private Limited

16.2.6.1.  Company Overview

16.2.6.2.  Product Portfolio

16.2.6.3.  Financials (If Available)

16.2.6.4.  Key Personals

16.2.6.5.  Client Portfolio (If Available)

16.2.6.6.  Major Projects (If Available)

16.2.6.7.  Recent Developments/Updates

16.2.7. Altret Industries Private Limited

16.2.7.1.  Company Overview

16.2.7.2.  Product Portfolio

16.2.7.3.  Financials (If Available)

16.2.7.4.  Key Personals

16.2.7.5.  Client Portfolio (If Available)

16.2.7.6.  Major Projects (If Available)

16.2.7.7.  Recent Developments/Updates

16.2.8. Biodiesel Technocrats Private Limited

16.2.8.1.  Company Overview

16.2.8.2.  Product Portfolio

16.2.8.3.  Financials (If Available)

16.2.8.4.  Key Personals

16.2.8.5.  Client Portfolio (If Available)

16.2.8.6.  Major Projects (If Available)

16.2.8.7.  Recent Developments/Updates

16.2.9. Abellon CleanEnergy Limited

16.2.9.1.  Company Overview

16.2.9.2.  Product Portfolio

16.2.9.3.  Financials (If Available)

16.2.9.4.  Key Personals

16.2.9.5.  Client Portfolio (If Available)

16.2.9.6.  Major Projects (If Available)

16.2.9.7.  Recent Developments/Updates

16.2.10.  Universal Biofuels Private Limited Private Limited Private Limited

16.2.10.1. Company Overview

16.2.10.2. Product Portfolio

16.2.10.3. Financials (If Available)

16.2.10.4. Key Personals

16.2.10.5. Client Portfolio (If Available)

16.2.10.6. Major Projects (If Available)

16.2.10.7. Recent Developments/Updates

17. Strategic Recommendations

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The leading players of India biomass market include Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Reliance industries Limited, Universal Biofuels Private Limited Private Limited, Khanda Biofuels Private Limited Private Limited, G-Energetic Biofuels Private Limited, Altret Industries Private Limited, Biodiesel Technocrats Private Limited, Abellon CleanEnergy Limited, and Universal Biofuels Private Limited Private Limited Private Limited.

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The major drivers of India biomass market include increasing focus on maintaining energy security, increasing focus on rising domestic fuel production and maximizing the utilization of clean energy resources.

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Availability and cost of biomass feedstock, environmental impact of biomass power plants, and high initial & operating cost are the major challenges of India biomass market

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Biomass is used as feedstock in the production of energy. It is derived through biological process. Biomass is environmentally friendly and can replace exhaustible sources of energy.

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Parvati Sharma

Account Manager BD
Press Release

India Biomass Market is Dominated by Thermochemical Segment, until 2029

Aug, 2023

Government initiatives and increasing focus on maintaining energy security are expected to increase the growth of India biomass market, during the forecast period of 2025-2029.