Plain Language
New to bitumen or project finance? Here's the jargon you'll meet on this site — in one line each, no assumptions.
- DPRDetailed Project Report
- The master document for a plant — market, technical design, costing and 5-year financials — in the format banks and investors accept.
- CMACredit Monitoring Arrangement
- The standardised financial-data format Indian banks require to appraise a loan; we prepare it alongside the DPR.
- VG-30Viscosity Grade 30
- The most common road-grade bitumen in India (IS 73), used on most highways. Bio-bitumen blends bio-oil into a VG-30 base.
- PMBPolymer Modified Bitumen
- Bitumen blended with polymers (IS 15462) for roads that resist rutting in heat and cracking in cold — used on highways and airports.
- CRMBCrumb Rubber Modified Bitumen
- Bitumen modified with crumb rubber from waste tyres — durable, cost-effective surfacing favoured by NHAI.
- Bio-bitumen
- Road bitumen where 15–30% of conventional VG-30 is replaced with bio-oil from agro-waste, to the CSIR-CRRI 'KrishiBind' spec.
- Pyrolysis
- Heating a material (biomass, plastic or tyres) to 450–550°C without oxygen so it breaks down into oil, gas and char instead of burning.
- RPORecovered Pyrolysis Oil
- The oil recovered from tyre/rubber pyrolysis, alongside carbon black and steel — a circular-economy output.
- Bitumen emulsion
- Bitumen dispersed in water so it can be used cold (no site heating) — for tack coats, cold-mix and surface dressing.
- Blown / oxidised bitumen
- Air-blown, hardened bitumen for non-road uses — roofing, waterproofing, pipe coating and industrial products.
- TPDTonnes Per Day
- A plant's daily output capacity. A 5 TPD plant makes about 1,250–1,500 tonnes a year.
- CTE / CTOConsent to Establish / Operate
- Pollution Control Board clearances — CTE before building, CTO before running. Mandatory for any plant.
- PESOPetroleum & Explosives Safety Organisation
- The authority that licenses storage/handling of petroleum products and pressure vessels at a plant.
- NHAI / MoRTH
- India's national highway authority and the Ministry of Road Transport & Highways — they set road-material specs and approve suppliers.
- CGTMSE
- A government scheme giving collateral-free MSME loans up to ₹5 crore — a common way to fund a first plant.
- EPRExtended Producer Responsibility
- India's rule making producers responsible for their plastic waste — the policy push behind plastic-to-fuel plants.
- SEZ / EOUSpecial Economic Zone / Export-Oriented Unit
- Statuses for export-focused units with duty/tax benefits — relevant to export plants like the KASEZ roofing project.
- MRVMonitoring, Reporting & Verification
- The audited pathway that turns a plant's CO₂ savings into certified, sellable carbon credits.
- DSCRDebt Service Coverage Ratio
- How comfortably a project's cash flow covers its loan repayments; banks want this above ~1.2.
- IRRInternal Rate of Return
- The annualised return a project earns on the money invested — a headline number investors and lenders check.
- CODCommercial Operation Date
- The day a plant starts commercial production; our hand-holding support runs ~12 months post-COD.