Overview
- The offtake runs through 2029, with the first reactor sited next to Varaha’s 52-acre cotton research farm in Maharashtra.
- Varaha plans up to 18 gasification reactors operating for 15 years, with lifetime removals projected to exceed 2 million tonnes of CO2.
- The project will source cotton stalks from about 40,000–45,000 smallholder farmers to curb open-field burning and improve soil health.
- Varaha says it processed roughly 240,000 tonnes of biomass in 2025 to generate around 115,000 credits and aims to roughly double throughput in 2026.
- Microsoft describes the purchase as portfolio diversification focused on high‑integrity removals, with first deliveries expected in late 2026 or early 2027.