PRESPL and APChemi have partnered with Intellecap to establish Biochar India Private Limited (BiocharIND), India’s largest biochar-based carbon credit platform.
A biochar-based carbon credit platform, like BiocharIND, facilitates the creation and trading of carbon credits generated from biochar production and application. This involves converting agricultural waste into biochar through pyrolysis, which can then be used to improve soil health and sequester carbon while simultaneously generating carbon credits that can be sold to offset emissions.
BiocharIND aims to sequester CO2, increase soil carbon, benefit farmers, and mitigate open-field agriculture residue burning. The project will operate five large-scale biochar projects, each processing 100 TPD of biomass input, with an investment of Rs 1.5 billion.
The biochar-based carbon credit platform uses crop residues to produce biochar, reducing CO2 emissions by 183 million tons and 102 million tons, and produces wood vinegar for organic pesticides, herbicides, and biofertilizers. The project will sequester up to 106,000 tons of CO2 annually and produce wood vinegar for organic pesticides and herbicides.
BiocharIND plans to establish its first high-technology production facility in Punjab-Haryana, generating 10,000 MT of biochar annually and 25,000 tCO2e of carbon credits, boosting crop yield by up to 30%.
Lt. Col. Monish Ahuja, Founder, PRESPL, said, “This strategic alliance with APChemi and Intellecap brings together perfectly complementary capabilities to address India’s burgeoning crop residue challenge. While PRESPL brings extensive biomass aggregation expertise and farmer networks across 21 states, APChemi contributes breakthrough pyrolysis technology, and Intellecap adds vital carbon finance knowledge. Together, our BiocharIND platform creates multiple value streams—enhancing soil health, generating carbon credits, and providing sustainable livelihoods—establishing a model for long-term ecological and economic transformation. We’re not just building a business but fostering an ecosystem where farmers, the environment, and industry all prosper together.”
Suhas Dixit, founder of APChemi, said, “Together, we’re creating India’s most comprehensive biochar ecosystem built for decades of impact. Our patented pyrolysis technologies and engineering excellence perfectly complement PRESPL’s biomass expertise and Intellecap’s financial innovation, enabling BiocharIND to develop a scalable, cost-efficient, and robust biomass pyrolysis platform. This long-term alliance establishes a sustainable blueprint for tackling agricultural waste while delivering multiple benefits across the value chain—from farmers to end consumers.”
Santosh K. Singh, Managing Director, Climate and Energy, Intellecap, said, “Together, we are not just creating carbon credits—we are building a regenerative agricultural system that delivers lasting value to farming communities while addressing climate challenges. By aligning our respective strengths, we have established a partnership model that balances technical innovation, operational excellence, and financial sustainability for long-term impact.”
