Biofuel Circle expands rural enterprise network with 70 biomass banks across India. The Pune-based startup has created a farm-to-fuel ecosystem connecting farmers through biomass aggregation units, each requiring approximately three crore rupees in investment and generating annual revenues between three to four crore. Early results demonstrate strong commercial viability, with the first ten units already profitable and the next twenty-five progressing toward profitability. Company data indicates typical units achieve EBITDA positive status within twelve to eighteen months, with capital payback periods of three to four years. Beyond financial returns, these biomass banks create local employment opportunities and establish structured markets for agricultural residues.
