The Ministry of New and Renewable Energy (MNRE) has announced revised financial assistance rates for biomass pellet manufacturing units under the National Biomass Cookstove Program (NBCP). The new rates aim to support the production of biomass pellets, a crucial component for clean cooking fuel.
Under the revised rates, the MNRE will provide financial assistance of up to ₹25 lakh per biomass pellet manufacturing unit. This support is intended to incentivize the adoption and scale-up of biomass pellet manufacturing facilities across the country.
Biomass pellets are considered a sustainable alternative to traditional fuels and play a significant role in reducing indoor air pollution, especially in rural households. The MNRE’s initiative is part of its broader strategy to promote clean energy solutions and achieve national energy security goals.
The updated rates reflect the government’s commitment to enhancing the viability of biomass pellet production units and encouraging investment in renewable energy technologies. These measures are expected to accelerate the deployment of biomass-based cooking solutions and contribute to India’s sustainable development objectives.
The Ministry of New and Renewable Energy (MNRE) in India is responsible for promoting and developing sustainable energy sources across the country. Its key objectives include increasing the share of renewable energy in the national energy mix, improving energy efficiency, and fostering innovations in clean energy technologies.
The ministry oversees various programs aimed at harnessing solar, wind, hydro, and biomass energy, and it works to implement policies and incentives that encourage investment and research in these sectors. By focusing on renewable energy, the MNRE aims to reduce dependence on fossil fuels, lower greenhouse gas emissions, and support the country’s transition to a more sustainable energy future.
