MoneyWorks4Me

Indowind Energy registers 18MW wind farm project with UNFCCC

23 Jan 2012 Evaluate

Indowind Energy has successfully registered 18 MW wind farm project (Project No. 4740) located at Elkurnahalli village, Chitradurga taluka in Karnataka with the United Nations Framework Convention on Climate Change (UNFCCC) for the issuance of carbon emission reduction (CERs) under the clean development mechanism (CDM) with effect from December 26, 2011.

The CERs will be issued based on the complete generation from the above date till the year 2017. This registration shall benefit investors in the project and the company.

Recently, the company had received 29,473 tons equivalent of Carbon Emission Reduction Certificate from UNFCCC for its 12.3 MW wind farm project at Tirunelveli in Tamil Nadu (Project No. 0277) for the crediting period 2006-2008.

Indowind Energy is engaged in selling ready-to-buy wind farm projects to corporate as well as state governments. It has strong capabilities and expertise in areas like project management, robust managerial and financial resources and experience in the operations of wind farms.

Peers
Company Name CMP
NTPC 325.80
Tata Power 365.40
Adani Power 201.50
Power Grid Corpn. 266.90
Adani Energy Solut. 1351.65
View more..