Business Daily from THE HINDU group of publications Monday, Apr 16, 2007 ePaper |
|
|
|
|
|
|
|
Industry & Economy
-
Power CDM tag for two more Lanco hydel projects Our Bureau
Hyderabad April 15 Two more hydel projects of the Hyderabad-based Lanco group in Himachal Pradesh have been registered as Clean Development Mechanism (CDM) projects by the United Nations Framework Convention on Climate Change (UNFCCC) under the Kyoto Protocol. The two 5-MW projects at Upper Khauli and Drinidhar on the Beas River are currently under construction and expected to be commissioned by 2008; they are expected to generate approximately 35,000 Certified Emission Reductions (CER) per annum. With this, the total capacity of Lanco group's hydro projects registered with UNFCCC has risen to 20 MW. The Chairman of Lanco Infratech Ltd, Mr L. Madhusudhan Rao, said in statement, "Lanco is one of the first Indian corporates to get its projects registered as CDM projects with UNFCCC. We are closely looking at the developments in the international carbon market where we see a potential for further value addition to the company."
More Stories on : Power | Environment
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|