It has registered L&T IDPL for receiving Certified Emission Reduction certificates every year up to 2022
L&T Infrastructure Development Projects' (L&T IDPL) wind energy project has got clean development mechanism (CDM) status from United Nations Framework Convention on Climate Change (UNFCCC), Bonn, Germany.
It has registered L&T IDPL for receiving Certified Emission Reduction (CER) certificates every year up to 2022.
The National Action Plan on Climate Change (NAPCC) has set a target that by 2020, 15% of the total power capacity should come from renewable energy sources. According to a company statement, renewable energy forms 10% of the energy consumed by L&T.
L&T IDPL operates in sectors ranging from roads and bridges, ports, metro rail to wind energy, transmission lines, water and railways through public private partnership. Its parent company L&T is a $13.5 billion technology, engineering, construction, manufacturing and financial services conglomerate.
Ministry of Environment and Forests which is also the national CDM authority has approved L&T IDPL’s Wind Energy Project as a ‘Project contributing to sustainable development in India’ and given ‘Host country approval’ for the project on June 12, 2012.
United Nations Framework Convention on Climate Change, with 200 member countries is the parent treaty of the 1997 Kyoto Protocol.
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