Punjab Renewable Energy Systems Pvt. Ltd (PRESPL) was established in March 2011, with an aim to address the principal issue of biomass fuel supply management and looks into aggregation, processing, transportation and supply, to biomass-based power plants and process plants having boilers. PRESPL is the largest player in organized biomass fuel supply business in India, handling over 1,000 tonne (of various biomasses such as paddy straw, cane trash, maize cob, bagasse, cotton stalk, briquetted form of various biomasses etc) per day. Due to PRESPL´s innovative model, many power plants which were shut or operating at low PLF, are now operating at high PLF, leading to sustainable operations. PRESPL acts as a single point of source for all fuel needs of the power plant and provides guarantees for biomass fuel quantity and quality. Further, the biomass supply chain management has directly led to employment and income generation in rural economies.
Unique biomass model
At the end, PRESPL´s biomass aggregation and supply business model is innovative and is the need of the hour for sustainable operations of biomass power and process plants in India. It has directly led to renewable heat and power generation, which is environmental-friendly and prevents GHH, particulate and carbon-monoxide emissions. The business of biomass supply has an immense positive contribution to the rural economy of India in terms of income and employment generation to farmers, VLEs and rural youth. Further, it also leads to development of other value added products such as bio-fuels etc. and establishment of small scale industries such as briquetting plants etc.
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