Nishant Bioenergy Pvt. Limited

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.

Headquarters: Zirakpur, India
Established: 1999
Impact Areas: India
Type: For-Profit
Energy Sectors:
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

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

Impact to Date

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


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



  • 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



  • 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



  • 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



  • 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