MoP defines price benchmarks for biomass pellets in Western and Northern regions

The Ministry of Power (MoP) has updated the biomass co-firing policy to establish standard prices for biomass pellets used in co-firing at thermal power plants.

This move is in line with the broader objective of integrating cleaner and more environmentally friendly energy sources into the nation’s power generation framework. The benchmark prices for non-torrefied biomass pellets in the northern region (excluding NCR) are now fixed at Rs 2.27 per 1,000 kcal. These pellets must adhere to specific criteria, including maintaining a moisture content below 14 percent and a gross calorific value (GCV) ranging from 2,800 to 4,000 kcal per kg. Similarly, benchmark prices for non-torrefied biomass pellets in the western region have been established at Rs 2.24 per 1,000 kcal, with consistent criteria for moisture content and GCV to ensure the quality and efficiency of the biomass pellets.