| Investment Required | 50 Lacs |
| Turnover | N.A |
| Legal Entity | Proprietorship |
| Category | Manufacturing |
| Sub Category | Specialized Components |
| Business Listed By | Founder |
We are looking at Angel Investors to invest in our new start-up for manufacture of Biomass Briquettes in Maharashtra as a greenfield project. We would be setting up a plant which would manufacture Briquettes from Paddy Straw and Sawdust. These are available in 3 sizes 8mm,18mm and 90 mm diameter.. They have following advantages over coal 1.Less ash generation only 2% against 40% of coal. 2.low price 50% cost saving. 3.less cleaning and ease of handling. 4.low smoke generation. 5.Same caloricific value as coal. 6.100% coal substitute. With so many advantages it makes sense for coal using industries to switch to briquettes. Govt of India is making mandatory for thermal power plant to use 20% briquettes instead of coal. We had seen a location for factory setup in Palghar and also identified some distributors for sale in market.
N.A
2
Pre-Startup
No
Working Capital
Silent
Angel Investment
10-15% Of Equity.
We want to manufacture biomass briquettes from paddy straw and sawdust. These are available in 3 sizes 8mm,18mm and 90 mm diameter..
1.Less ash generation only 2% against 40% of coal. 2.low price 50% cost saving. 3.less cleaning and ease of handling. 4.low smoke generation. 5.Same caloricific value as coal. 6.100% coal substitute.
We had seen a location for factory setup in Palghar and also identified some distributors for sale in market
N.A
NA
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| Investment Required | 50 Lacs |
| Turnover | N.A |
| Legal Entity | Proprietorship |
| Category | Manufacturing |
| Sub Category | Specialized Components |
| Business Listed By | Founder |