As correctly realized by the startup, the biomass supply chain in India is still highly unorganized, with only a few well-oiled players such as PRESPL (Punjab Renewable Energy). For a country of the size of India, there can be many more PRESPLs.
The recent mandate by the GoI that all coal power plants should have 5% blending of biomass will significantly enhance the need for more organized supply chains. A 500 MW coal power plant alone could require about 500 tons of biomass per day, even at a 5% blending ratio - just imagine the potential.
What makes startups like Biofuels Junction more interesting is the additional services they provide - in this case, they also ensure that the feedstock is optimized to boiler performance, and in future can perhaps even fine tune boiler engineering with external consultants. Such bespoke solutions/services could significantly lower the barriers for power plants and industrial heating units to switch to biomass.
Team EAI wishes Biofuels Junction the very best!