Nishant Bioenergy Pvt. Limited

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Overview

India’s Largest Biomass Cookstove Manufacturer and Pellet Producer, Providing Low-Cost Sustainable Carbon Neutral Cooking Solutions.

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Overview

Headquarters: Zirakpur, India
Established: 1999
Impact Areas: India
Type: For-Profit
Energy Sectors:
Business Model Types:
Staff Size: 11 Direct employees, 2 volunteers
Annual Budget: $190,000
Major Funders: Self-funded, small carbon credit advances
Awards: 2001: Petroleum Conservation Research Award

2005: Ashden Awards

2006: Judged in the UN Habitat Promising Practices Award

2014: Shortlisted for the World Bank India Development Marketplace Grant Program

ABOUT

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Nishant Bioenergy provides pellet fueled cooking stoves through local biomass-fuel pellet manufacturing facilities creating employment and saving the environment by replacing LPG stoves.

 

Energy Products/Services

  • Carbon neutral biomass pellet “Earth Stove”
  • Biomass-fuel pellets
  • Biomass fuel pellet plant
  • Carbon credit management with state of the art web based monotioring and evaluation program

Target Market

  • Commercial kitchens cooking food for more than 100 people per day seeking a low cost alternative to conventional LPG or diesel stoves.
  • Nishant’s solution provides pellet-fueled stoves that are half the cost to operate compared to these conventional stoves.
  • Nishant estimates a market of more than 800,000 cook stoves across India. With ever increasing oil prices, schools, hospitals, and other kitchens are seeking low cost solutions that Nishant can provide.

 

Nishant Bioenergy

Revenue Streams

  • Sale of carbon neutral biomass briquette stoves
  • Sale of biomass fuel pellets for own network of stoves and to existing briquette consumers (boilers and kilns)
  • Sale of carbon offsets

Value Proposition

  • Nishant provides pellet fuel technology along with innovative cook stoves through franchisees with exclusive territories. This creates local employment and stove users get a 50% reduction in fuel costs and are assured a trouble free supply of fuel and service.
  • Each pellet production facility creates employment for 20-25 people in rural agricultural areas and saves around 1,300 tons of LPG.
  • This saves about 3,800 tons of CO2 from entering the atmosphere, or the equivalent of 15 flights between Delhi and Washington DC.
  • For every 10 stoves made, one new job is created.
  • The stoves are carbon neutral because they release the carbon from the biomass that originally consumed carbon when they were alive.
  • Nishant is currently the leading producer of biomass pellet stoves and pellet fuel  plants in India

Problem Addressed

  • Despite heavy subsidization, LPG and other petroleum fuels are becoming increasingly expensive as well as remaining detrimental to the environment
  • Many institutions that cook for large numbers of people (over 100 a day) are looking for cheaper alternatives to LPG
  • Agricultural waste products from rural farming areas can be turned into pellets where otherwise they would have little use, giving farmers an extra source of income

Where They Are Now

Impact to Date

  • 150 direct and indirect jobs created
  • 1,500 tons of petroleum products saved from being burned

Milestones

  • 1999: Developed world’s first biomass briquette fueled cook stove named “SANJHA CHULHA” and was established at school  kitchen serving 550 students.
  • 2000: Won Petroleum Research and Conservation Association (PCRA) Award
  • 2001: Small grant from Ministry of Science and technology $8000 to develop stove.
  • 2005: Won Ashden Climate Care Award from HRH Prince Charles at London worth $ 50000.
  • 2007: Received $40,000 from National Bank for Agriculture and Rural Development
  • 2009: Established first franchisee producing pellets for 350 stoves
  • 2010: Entered a $4M, 10-year agreement with MyClimate for purchase of carbon credits
  • 2010: Secured $35,000 advance from MyClimate for future carbon credits
  • 2013: Established second and third pellet franchisees producing pellets for 1500 and 500 stoves respectively.
  • 2014: Began replicating projects with local partners in Zambia and Nepal

Growth Plan

  • 2014: Establish 3 pellet plants under franchisee model to create pellet fuel for 4,000 stoves creating employment for 400-500 people
  • 2014: Sell next 1,000 stoves
  • 2015: Sell next 2,000 stoves

How They Deliver

Product Sourcing

  • Stoves are designed and build by Nishant in their factory
  • Fuel pellets are produced in pellet manufacturing facilities located off-site near agricultural areas across India
  • The biomass comes from local farmers

Distribution

  • Nishant sells its stoves through the pellet manufacturer and its own network of distributors called Green Entrepreneurs
  • Using its own employees and a network of franchise distributors who are linked to the pellet producing facilities and receive ongoing revenue from fuel sales
  • The Green Entrepreneurs start small, purchasing and servicing 5-10 stoves and gradually scaling up to service 50-100, providing both maintenance and pellets
  • Distributors achieve a 20%-30% profit margin

Affordability

  • The biomass stoves and their associated fuel savings provide a cheaper alternative to conventional LPG stoves particularly to private customers who do not receive a fuel subsidy (such as private schools and hospitals)
  • Nishant allows customers to purchase on credit and use the savings from their fuel costs to pay back the cost of the product
  • Carbon credits help to offset the cost of stoves and pellet manufacturing plants

Financing

  • Initially financed by borrowing from family and friends and a government grant of $4,000
  • Ashden Award in 2005 worth $50,000 helped to get the company scaling more rapidly
  • Sale of products generates revenue, most of which is invested back in the company
  • Nishant recently entered a 10 year $4M contract with MyClimate-Switzerland  for the sale  of carbon credits

Technology

Description

  • The Earth Stove is a patented pending technology with several different models and applications. The stove is made from heavy steel and is duly insulated to maintain high temperatures.
  •  It has a DC blower, which provides primary, torrential, and secondary hot air to the combustion chamber.
  • The stove has a fuel-feed chute and a trap door at the bottom to allow for ash removal during cooking (usually needed every 6-8 hours).
  • The ES4D-AF has an automated fuel feed, which allows for very precise control of fuel feed and air, allowing the user to tailor the stove to his/her needs.

Technical Data

Earth Stove Model Approx. Capacity (kWh) Approx, LPG Replacement (kgs/hr) Blower 12V DC (W) Cost
ES4D-AF 3-25 1-7 135 $730
ES4D-B 10 3-4 45 $400
ES4D-D 5.77 2-3 45 $329

Fuel consumption Comparison

Fuel Type Thermal Efficiency (%) Cost ($/kg/ltr) Cost per 1000Kcal Used ($)
Commercial LPG 40% $1.46 $0.31
Diesel 40% $0.86 $0.23
Fuel Wood (25% moisture) 15% $0.11 $0.25
Biomass Pellet 40% $0.29 $0.18

Other Products

 

  • Biomass-fuel pellets
  • Biomass fuel pellet manufacturing plant
  • Carbon credit management with state of the art web based monotioring and evaluation program

Project Story Nishant Bioenergy copy

More Resources

Online Resources

Contact Information

Nishant Bioenergy P Ltd.

Plot no 6, Jhangra Complex,

Opposite Hotel Regenta Ashok,

Choice Road,

ZIRAKPUR-140603, District Mohali, Punjab,

India

( +91-9815-609301, +91-1762-656145

* info@nishantbioenergy.com