Business Plan for Electricity Generation from Biomass Essay

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RADIANCE POWER PROJECT Business Plan Executive Summary Contents: ƒæ Business Overview ƒæ Mission ƒæ Vision ƒæ Execution Plan ƒæ Management Strategy ƒæ Market opportunity ƒæ Feasibility and Financial Analysis ƒæ Risks associated ƒæ Mitigating the risks ƒæ Future Plans Executive Summary Business Overview Energy, especially from fossil fuels, is a key ingredient for all sectors of a modern economy and plays a fundamental role in improving the quality of life in less developed economies. In 2007, India is ranked fifth in the world in terms of energy demand; accounting for 3.6% of total energy consumed, and is expected to grow at 4.8% in the future. India imports 70% of the oil it uses, and the country has been hit…show more content…
The first step would be the feasibility study for the plant. It would look after the constraints such as the raw material supply, the processing of the biomass in to electricity, the consistency in energy generation, the supply side of the electricity, and various other factors that might directly or indirectly affect the generation of electricity. Once the feasibility study is done selection of site for establishing the plant takes the driver¡¦s seat. The plant must be located where the raw-material access and energy supply is not a problem. A closed loop must be made in collaboration with the local farmers and mills (sugarcane, wood, rice processing plants) for the uninterrupted supply of biomass. The capacity of the plant must be decided keeping in mind the investments in to account. Also storage capacity must be decided for the biomass as a major portion of it is cyclical in nature. Next in line is the study of the market for electricity in the region and planning for the distribution of the same. The marketing strategy needs to be finalized to take care of the supply side. Keeping all the above factors in to account, site near Surat which is a hub for various textile mills, chemical plants and others small and medium enterprises has been identified. There are more than one thousand textile mills located in Gujrat and out of these more than 50 percent mills are situated in this area only. These centers would ensure constant demand for the
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