Himachal to start bio-energy production from pine needles, bamboo: CM

This would attract industrial partners and private investments, as it improves environmental, social, and governance issues, he added

Bamboo Mission
Bamboo
Press Trust of India Shimla
2 min read Last Updated : Mar 04 2023 | 4:25 PM IST

Himachal Pradesh will start a pilot project for bio-energy production from pine needles and bamboo as the state is blessed with an enormous wealth of coniferous forest and has a high potential for bamboo production, Chief Minister Sukhvinder Singh Sukhu said.

The project would involve the local community and increase their income. The state government is all set to partner with the Indian School of Business (ISB) to provide policy inputs and research support for the emerging bio-energy sector, he said in a statement issued here on Saturday.

"Many sectors like thermal power, cement and steel were exploring fossil fuel substitutes to reduce emissions. The scope can be expanded to include fuel briquettes made from pine needles as potential substitutes, which has the advantage of much higher calorific value and this would also pave the way for strengthening the rural economy," said Sukhu.

ISB would provide the business model and technology to make this project a success and would also ensure adequate market linkage.

As the government mandate for ethanol blending in petrol has increased from 10 per cent to 20 per cent with the target of achieving 'Green Energy State' by 2025, ISB would also undertake the task of making ethanol, compressed bio-gas and bio-fertilizer from bamboo, he said.

The residue of ethanol production from bamboo serves as feedstock for the production of compressed bio-gas and bio-fertilizer in large quantities, he added.

Emphasizing the importance of community ownership of forests, the chief minister said it provides incentives for communities to protect, and manage them sustainably.

He further said that community ownership of forest land is associated with greater social responsibility and increased incentives for forest protection.

This would attract industrial partners and private investments, as it improves environmental, social, and governance issues, he added.

Executive Director of Indian School of Business, Professor Ashwini Chhatre and Policy Director, Aarushi Jain elaborated on various projects undertaken by ISB.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Bio-energyHimachal pradesh governmentHimachal PradeshBamboo

First Published: Mar 04 2023 | 4:25 PM IST

Next Story