Trade Resources Economy It Has Registered L&T IDPL for Receiving Certified Emission Reduction Certificates

It Has Registered L&T IDPL for Receiving Certified Emission Reduction Certificates

Business Line reported that the wind energy project of L&T Infrastructure Development Projects Ltd has secured the clean development mechanism status from United Nations Framework Convention on Climate Change, Germany.

It has registered L&T IDPL for receiving certified emission reduction certificates every year up to 2022.

L&T said that green energy was essential to mitigate global warming and helped maintain a sustainable eco system. The 8.7 MW of wind energy generators installed by the company generates green power which caters to substantial captive consumption by L&T's establishments in Tamil Nadu.

Under the Environment Ministry, the National CDM Authority approved L&T IDPL's wind energy project as a project contributing to sustainable development in India and gave host country approval' for the project on June 12th 2012.

L&T added that the national action plan on climate change envisaged 15% of the total power capacity from renewable energy sources by 2020.

L&T further added that it planned to increase the share of renewable/green energy in its energy mix to reduce pollution. Green/renewable energy forms 10.48% of the energy consumed by L&T.

Source: http://www.steelguru.com/indian_news/LandT_qualifies_for_CERs/294022.html
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