The Indian government offers various incentives and relaxation on purchasing and setting up biomass briquetting Plant  

  • 100% Depreciation:The total value of briquetting plant and machinery is allowed to be depreciated in the first year.
  • Sales Tax Exemption:The various states have exempted biomass briquettes from sales tax.
  • No Licenses: Renewable energy sources has been exempted for obtaining any license.
  • Excise Exemption: The biomass briquettes are completely exempted from Excise duty. The Government is also considering exemption in the case of plant and machinery.
  • Income tax holiday for first five years.
  • The Central and State Government give subsidies which is the top most benefit of setting up a biomass briquetting plant.
  • Low rate of interest from govt. financial institutions