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Biofuelcircle: The company, which currently transacts 200 crores annually and operates in six states, is setting its sights on a fortyfold growth over the next five years.
Biofuel Industry: "Rolling out of carbon credits and green credits mechanisms as early as possible for conversion from fossil fuel to green fuel, I think could be a great policy initiative and support for this transition to biofuels," said Baxi in an interview with ET Energyworld.
BiofuelCircle has created a digital platform to help large industries and manufacturers replace fossil fuels with briquettes and pellets made from agricultural waste.
BiofuelCircle- a digital marketplace for biomass and biofuels, is developing a digital enterprise for FPOs and farmers. Under the guidance of MNRE and GIZ, it has partnered with BAIF to set up 20 such enterprises in Maharashtra. A workshop was organized in Pune to showcase the model and demonstrate on-ground development of strengthening the biomass supply chain.