Based on the case study, the aim of the paper is to establish the contribution to the sustainable development of agriculture and related activities through the assessment of technical and technological, financial and economic feasibility of investment in the construction of biomass power plants. The project aims to develop a combined heat and power plant using wood chips and agricultural biomass as fuel to supply electricity to the local grid and to produce heat to distribute it to the wood drying plant. The technology is based on a boiler and a steam turbine. The project includes procurement, installation, commissioning and testing of biomass steam generators, condensing steam turbines, flue gas filtration systems, biomass handling and storage system, balance of plants and district heating stations complete with all works, supplies and necessary infrastructure. The key segments of the analysis within the case study, ie the project are: market analysis, assessment of technical and technological characteristics of the project and financial analysis. Based on the basic results of this analysis, the limitations and advantages of using biomass in the operation of the power plant were established, with special reference to the advantages of using raw materials from agriculture in relation to wood raw materials.