Government Promotes Briquettes Machine Project for Environmental Protection
The project is being promoted by government for its eco-friendly features. Become part of this project which offers solution for environment friendly nature.
Rajkot, India, April 1, 2015 (Newswire.com) - Briquetting machines are environmental friendly equipments that form efficient amount of briquettes using agro waste, industrial waste, and forestry waste. Companies manufacturing these briquette plants are getting government support on vast scale. Government is promoting briquettes machine project, so that people give heed to such biomass eco-friendly product. The project started by Shri Ram Agrotech is being promoted by government for its eco-friendly features.
Briquetting plant project is relevant to bio energy, under which company will produce biomass briquettes (also called ‘white coal’ in the fuel industry). The bio fuel produced by the plant is made from bio waste and doesn’t produce air pollution. The project running under government is a great approach towards green environment- it generates awareness among people for the need and scope of renewable energy in near future.
How government is supporting the briquette machine project?
The Indian government is offering special incentives for implementing biomass briquette plant project. Major highlights of the scheme are-
It is giving 100% income tax free for the first five years
35% of subsidy on the cost of briquette plant is provided by government
No requirement of NOC from state pollution boards
80% depreciation on capital cost in the first years
This is how the companies are getting benefits and profits with this project. Banks and several other financial organizations are providing loan facilities to make maximum numbers of applicants for subsidy for biomass plant project in India.
People can source various briquetting plant designs (in terms of capacity and briquette sizes) from leading manufacturers who can provide superior quality biomass briquette machine as demanded. Shri Ram Agrotech is one of these manufacturers that intend and design briquette forming machine on the basis of international quality and safety standards. To become a part of this project, you can contact the company and source their product range as per your requirement.