India's Industrial Energy Transition

BIOCOAL
INDIA

We are building India's first industrial-scale torrefied biocoal production facility — converting the country's vast agricultural biomass into a premium, carbon-neutral coal substitute for the cement, steel, and power sectors that currently spend billions importing fossil fuel from abroad.

Partner With Us Our Vision
$28B
India coal imports per year
60K T
Phase 1 target capacity
Zero
Kiln modification required
Industrial-Scale Dry Torrefaction· Drop-In Coal Replacement· Carbon Neutral· India's Biomass Waste as Raw Material· NTPC Co-Firing Mandate in Effect· Proven Global Technology· 60,000 Tonnes Per Year — Phase 1· Cement · Steel · Power · Industrial· Industrial-Scale Dry Torrefaction· Drop-In Coal Replacement· Carbon Neutral· India's Biomass Waste as Raw Material· NTPC Co-Firing Mandate in Effect· Proven Global Technology· 60,000 Tonnes Per Year — Phase 1· Cement · Steel · Power · Industrial·

What We Are Building

India Has
Everything It
Needs. Except
The Plant.

Through a process called dry torrefaction, agricultural and woody biomass — material that is burned in fields today or discarded at mills — is transformed into a dense, hydrophobic, high-grade fuel that behaves in every meaningful way like the coal it replaces.

It grinds in the same mills. It flows through the same burners. It stores outdoors. It does not require a single modification from the industrial buyer. And unlike the coal it displaces, it is carbon-neutral, domestically produced, and qualifies for carbon credit revenue under India's own trading scheme.

This technology works. It has been proven at commercial scale internationally. India has the biomass abundance, the industrial demand, and the policy mandate to make it one of the most compelling biocoal markets in the world. We are here to build the first plant.

01
Premium Grade Output
Our process produces a fuel with the energy density and grindability that Indian industry currently pays a foreign exchange premium to import. Produced domestically. Delivered reliably. At a competitive landed cost.
02
Continuous Feedstock Supply
A multi-feedstock strategy anchored by a fast-growing perennial energy crop that yields year-round from marginal land — solving the seasonality problem that stalls most Indian biomass initiatives before they reach scale.
03
Carbon Revenue Built In
Every tonne of biocoal delivered replaces fossil coal and generates carbon credits under India's trading scheme. For industrial buyers, this changes the total cost of ownership — making our product not just cleaner, but economically superior.
04
Commercial Scale from Day One
Phase 1 targets an output volume sufficient to supply a major power utility or cement plant in full. We are not building a pilot. We are building a commercial facility, backed by relationships in the industrial buyer network we already serve.

The Scale of the Opportunity

India Imports
What We Can
Produce Here.

244MT
Coal imported by India annually, representing over $28 billion in foreign exchange — the majority from Indonesia and Australia, creating cost exposure and supply chain risk for every industrial buyer we serve.
500MT
Agricultural biomass burned or wasted across India every year. This is our raw material — already available at enormous scale, in the regions where our plant will operate, at near-zero cost.
5–7%
Biomass co-firing mandated by India's Ministry of Power across all coal-based thermal plants. This is not a forecast. It is a live procurement requirement, with active tenders running today.

India is one of the world's largest consumers of coal. Its cement kilns, steel furnaces, sponge iron plants, and power stations collectively represent a demand pool of hundreds of millions of tonnes every year. A significant portion of that demand must be met with imported, high-grade coal — because Indian domestic coal is too low-grade to meet industrial specifications without blending.

We know these buyers. We have existing commercial relationships across India's industrial energy sector, built through years of operating in this market. That means we understand the demand, the procurement cycles, and the specific coal quality each industry segment requires.

The government has built the policy and financing infrastructure for exactly this product. The mandates are in place. The subsidies are available. The carbon market is active. The only thing missing is a credible operator at commercial scale. That is what we are building.

Why This Moment

Three Things Are
True at Once.

01
The Technology Has Been Proven Globally
Industrial-scale torrefaction has been commercially proven across Europe, Southeast Asia, and North America. The world's largest biocoal production facility operates in Finland at precisely the output scale we are targeting for Phase 1. The technology is not theoretical — it is running, it is delivering product, and it is bankable. India is simply the next geography.
02
India's Policy Has Created the Market
India's government has mandated biomass co-firing, subsidised plant development, and stood up a dedicated financing institution for projects like this. NTPC runs procurement tenders for torrefied biomass at volumes that match our Phase 1 output. The demand is not speculative — it is government-mandated and actively tendered.
03
We Are Already in the Market We Will Serve
We have existing commercial activity across India's industrial energy sector — the same cement plants, steel producers, and power utilities that will purchase our biocoal. We are not approaching this market cold. We are converting buyers we already know, from a product we already supply, to one that is better in every dimension.

Our Conviction

The Gap Is
The Opportunity.

India has the biomass, the industrial demand, the policy mandate, and the financing infrastructure to make this work. What it does not yet have is a credible, well-capitalised operator ready to build at commercial scale. Closing that gap is why Project BioCoal India exists.

Project BioCoal India

Who We Want to Hear From

The Right Partners
For a Serious
Project.

We are at an active development stage. Technology partner selection is underway, with conversations open across the global torrefaction industry — from established operators in Europe and North America to indigenous technology developers in India. We are structured to move quickly with the right partner.

If you are a technology provider with commercial-scale torrefaction experience, a co-investor looking at India's bioenergy transition, an industrial buyer seeking to decarbonise your fuel supply chain, or an EPC contractor with biomass project experience — we want to talk.

Full project documentation, financial modelling, and technical detail are available to qualified counterparties under a mutual NDA.

Technology Licensors Co-Investors EPC Contractors Cement Companies Power Utilities Steel Producers Project Finance Biomass Aggregators

At a Glance

Project
Industrial-scale dry torrefaction and biocoal production, India
Phase 1 Capacity
60,000 tonnes per year
Target Markets
Cement, power, steel and DRI, industrial
Technology
Globally proven technology with Indian execution — partner selection in progress
Current Stage
Active development — technology and co-investment conversations underway
Documentation
Full project detail available under mutual NDA

Connect

Let's Talk.

We have time for focused conversations with the right people. If this project is relevant to what you are building, reach out directly.

Founder Shaurya Pachisia
Email shaurya.pachisia@gmail.com
Phone +1 672-755-5571 (Canada)
India +91 70426 44603
Based Vancouver, Canada and Delhi, India
Get in Touch Request NDA and Documents

All enquiries treated in strict confidence