Illustrating the biomass pellet trends in India:

• The current capacity for biomass pellet production in India is 7,000 tonnes/day.

• The required capacity to meet certain goals or standards is significantly higher at 96,000 tonnes/day.

Here’s a brief summary based on the data provided: 2024-06

1. The current capacity for biomass pellet production in India is 7,000 tonnes/day.
2. The required capacity to meet certain goals or standards is significantly higher at 96,000 tonnes/day.
3. Currently, biomass pellets are being used for co-firing at a rate of 5%.
4. The target co-firing rate is slightly higher at 7%.

This indicates that there is a substantial gap between the current production capacity and the required capacity, suggesting that significant growth and investment are needed to meet the target co-firing percentage. Additionally, even though the increase in co-firing target is modest, it represents a 40% increase from the current levels.