Country’s biggest developer of solar projects Welspun Energy Ltd today said its clean development plan Welspun Renewable Energy Programme has been registered with the UNFCCC (United Nations Framework Convention on Climate Change).
“This programme will allow the addition of an unlimited number of solar and wind energy projects from India over 28 years and thus will contribute to a reduction of significant quantity of carbon emissions,” Welspun Energy said in a statement.
The registered programme includes a 25 MW grid connected Solar PV power project that is under implementation at Neemuch, Madhya Pradesh and is expected to avoid emissions of 37,739 metric tonnes of CO2 annually for a period of 21 years into the atmosphere, the statement said.
“In today’s scenario, Climate Change is a well recognised global environmental threat and we have to work on it for the survival of our future generations,” Vineet Mittal, Co-Founder and Managing Director of Welspun Energy Limited said in the statement.
The CDM (Clean Development Mechanism) allows emission-reduction projects in developing countries like India to earn Carbon Emission Reduction credits.
This programme makes it possible to register the coordinated implementation of a policy, measure or goal that leads to emission reductions.
“The company has already registered its four projects in Gujarat and Rajasthan under the conventional CDM route with UNFCCC. These projects will reduce a total of 47,022 metric tonne CO2 emissions annually,” the statement added.
Welspun Energy is further expecting to reduce an estimated amount of 47,398 metric tonne CO2 emissions annually from its 30 MW Solar PV power plant in Gujarat which has already been submitted for registration with UNFCCC.
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