Business Standard
Thursday, Feb 16, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 
Biomass project gets UN ratings
Anil Sharma / Jaipur November 29, 2005
A Ganganagar-based biomass power project has got certified emission reductions (CERs) from a UN body.
 
Kalpataru Energy Venture, a Ganganagar-based biomass power Project, has become one of the first three projects in the world and the first in India to which the United Nations Framework Convention on Climate Change (UNFCCC) has approved issuance of such reductions.
 
The certified emission reductions (CERs) issued by the UNFCCC, part of the clean development mechanism of the Kyoto Protocol, to a green project can be acquired by an investing company (from the developed nation) to meet its emission reduction commitments at home.
 
India acceded to the Kyoto Protocol in August 2002, thereby opening up CDM project financing opportunities.
 
The firm is Rajasthan's first biomass-based independent power producer with a 7.8 Mw power plant in Padampur, Ganganagar, generating power using mustard crop residue.
 
It is the biomass division of Ahmedabad-based Kalpataru Power Transmission Ltd.
 
The company set up the plant in Padampur in September 2003, manufacturing power using renewable resources such as mustard crop residue and cotton sticks. The project has been in association with SenterNovem, Netherlands.
 
The company has put logistics in place, enabling it to collect over 40,000 tonnes of renewable resources last year.
 
It has entered into a power purchase agreement (PPA) and a power wheeling agreement with the Rajasthan Vidyut Prasaran Nigam (RVPN) and three distribution companies of Jaipur, Jodhpur and Ajmer based on the Rajasthan state policy of non-conventional energy. The plant sold over 25 million units (kw/hour) to the Rajasthan grid in 2004-05.
 
In October 2005, the project was issued 48,230 CERs for the period August 1, 2003, to June 30, 2005, giving it the distinction of being one of the first three projects across the world and the first in India, wherein the UNFCCC has approved the issuance of certified emission reductions (CERs).
 
The company now plans to set up another 7 MW project in Uniara, in the Tonk district of Rajasthan. The project is slated for commissioning by March at Rs 30 crore.
 
Biomass is a renewable energy resource derived from the carbonaceous waste of various human and natural activities. It is derived from numerous sources, including by-products of timber, crops, raw material from the forest, major parts of household waste and wood.
 
Biomass does not add carbon dioxide to the atmosphere as it absorbs the same amount of carbon in growing as it releases when consumed as a fuel.

 
 

Biomass project gets UN ratings
Anil Sharma / Jaipur Nov 29, 2005, 23:52 IST

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- S&P reaches 7-month high before hitting wall
- World Bank President Zoellick to step down on June 30
- Oil cos cut jet fuel prices by Rs 350/kl
- Telcos operating profit to rise 5% in 2 yrs: Crisil
- PESB recommends SS Narsing Rao for CIL's top slot
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- We live for our family. have you secured them?
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Nestle: Food for thought
- Tailor-made but not good enough
- Kanika Datta: The importance of being SRK
- Leela parts ways with Kempinski
- Tata Motors soars to record level as JLR propels profit
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us