Simbhaoli Sugars to sell carbon credit

Explore Business Standard

| Simbhaoli Sugars biomass power project has got registered for carbon credits entitlement by the UNFCCC, the company said in a communique to the Bombay Stock Exchange. |
| "The annual credits of emission reduction from power export (sale) have been estimated at 44,682 tonnes of CO2 over 10 crediting years," it said. |
| The selected project, which is located at the company's Uttar Pradesh-based unit in Simbhaoli, involves 22 mw/hr backpressure type turbo generator. |
| The total capacity of biomass based co-generated power would go up to 32 mw per hour. |
| Apart from generating power and steam for the sugar mill's captive consumption, Simbhaoli Sugars plans to sell 14 mw/hr to UP Power Corporation, it said. |
First Published: Oct 02 2007 | 12:00 AM IST