Manufacturing of charcoal Briquettes

GREEN HEAT (U) Ltd
Biomass, an energy-producing source, is used principally in the form of firewood and charcoal. It currently provides about 93% of Uganda’s consumed energy. In agricultural-based countries like Uganda however, there is a vast natural supply of biomass found in the form of agro and forest residues. Often these residues are simply burned in the fields; this is not only a waste of an energy source, but it is also a cause for pollution in local regions. Green Heat’s aim is to transform Uganda’s agricultural waste into briquettes. Besides reducing the increased exploitation of forests, briquettes also have a low production cost, which means they would be cheaper than firewood or charcoal. They can be used in already existing stoves and have a longer burning time because of their density and low moisture content. As a result, sales of $238,000 or 720 tons are expected from the first year of operation.
Key data
Size
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
|
|---|---|---|---|---|---|---|
| Total revenues | $0 | $0 | $0 | $238000 | $273700 | $308789 |
| Net profits | $0 | $0 | $0 | $74648 | $94001 | $110847 |
| Employees | 0 | 0 | 0 | 16 | 20 | 26 |
