Strategic Overview — May 2025
Tirhuta Urja Udyog Private Limited
Clean energy from agri-residue — CBG + Organic Fertilizers
Plant 1
3 ➜ 20 TPD
CBG capacity (by Q1 2027)
Total Project Cost
₹20.41 Cr (excl. GST & working capital)
Excl. GST & WC
Equity Commitment
₹9.56 Cr (incl. GST & WC margin)
Promoters
Term Loan
₹13.21 Cr
Sanctioned
Project Snapshot
- Project: 3 TPD Compressed Bio-Gas + 8 TPD Dry Organic Fertilizer (Plant 1)
- Location: Asambia Village, Mandvi, Kutch, Gujarat
- Commissioning: Aug 2025; expansion to 20 TPD by Q1 2027
- Offtake: 3-way offtake with GAIL India, Gujarat Gas & Tirhuta (CBG)
- GST: Promoters to fully fund GST of ₹2.13 Cr (reduces banking exposure)
Nikhil Mishra — 65%
Sonali Mishra — 5%
Kintech LLP — 30%
Why Tirhuta Matters
Reduce India's dependence on fossil fuels by enabling scalable, sustainable energy production from agricultural & organic waste.
- India targets gas at 15% of energy mix by 2030; CBG substitutes imported CNG.
- Household cooking gas access has risen, yet usage and per-capita gas still trail peers.
- National vision includes 5,000 CBG plants under SATAT; strong feedstock potential.
Strategic Incentives & Govt Support
- Capital Subsidy: Up to ₹40 Cr (25%)
- Interest Subsidy: Up to ₹7 Cr annually
- Operational & Employment Incentives: Application for In-Principle Approval submitted
Financial Outlook Highlights
- IRR holds above 11.5% in adverse scenarios.
- DSCR > 1.45 indicates strong repayment capacity.
Model assumes 2025 sale prices, excludes carbon credits & export uplift.