/ -- EKI Energy Services Limited, which was awarded the tender for sustainable city projects in the Smart City Indore initiative, has proven itself as a promising service provider with its experience and expertise.
Smart City Indore is an initiative launched by Indore Municipal Corporation, which includes the participation of residents to qualify Indore to the Smart City Mission, launched by the Government of India. Smart City Indore project aims to emphasize development in various sectors including Governance, Transportation, Energy & Waste Management, Water Management, Finance, Health & Education, Infrastructure and Heritage. With the financial support from carbon credit, following project will demonstrate how the carbon credit finance mechanism can catalyze environmentally-sustainable and financially-viable waste management practices. The various projects considered under this activity are:
Composting
Bio-Methanation
Solar PV
Asheesh Singh, Commissioner - IMC added, "Climate Change Mitigation projects adoptation is the need of the hour. In Madrid, UNFCCC COP25 meeting is happening in which all Parties (countries) are negotiating over Article 6 of Paris Agreement and soon we may have guidelines for ITMO (International Traded Mitigation Outcomes) trading. EnKing International with the head office at Indore was appointed as Consulting Organization for this activity."
Further, Manish Dabkara, MD - EKI said, "Project is registered for 30 years and it will get issuance of approx 3,50,000 credits/annum having International Carbon Market Value of avg. USD 2,00,000 -4,00,000 per annum. In VCS program, project deadline for Indian projects was set at 31st Dec 2019 & IMC project registration was completed well in time while having support from IMC team which is highly proactive to take and implement new intiatives."
About EKI Energy Services Limited:
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app