An investment appraisal of cogeneration of electricity using bagasse

ABSTRACT: The bagasse cogeneration project that has not been largely exploited till now provides one of the best examples of renewable cogeneration. Cogeneration from sugarcane explains the use of fibrous sugarcane waste bagasse to generate heat and electricity at high efficiency in sugar factory. The cogeneration of bagasse has numerous advantages; amongst many others are social, economic and environmental advantages. Sustainable development, variety of supply and security also apply across these categories. This thesis is an integrated investment appraisal of the use of bagasse to generate electricity both for consumption by a sugar refinery as well as to sell to the electricity grid of Nicaragua. From this analysis it appears to be potentially very attractive investment both financially as well as economically. Keywords: Bagasse, cogeneration, sugarcane, economic growth. …………………………………………………………………………………………………………………………