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News Brief | August 2013

Reliance gets carbon credits for 100 MW solar project

Under the United Nations Frame-¡work Convention on Climate Change (UNFCCC), Reliance Power has received an approval for carbon credits for its 100 MW solar power project in Rajasthan. The company said in a statement in Delhi on July 9 that this is the world's largest Concentrated Solar Power (CSP) project ever registered with the Clean Development Mechanism Executive Board (CDM - EB). CDM registration will allow the project to generate and sell Certified Emission Reductions (CERs) internationally. These CERs translates into direct revenues for Reliance Power. Along with the present registration, Reliance Power's has the world's largest CDM registered capacity of more than 12,000 MW with a potential to generate 60 million carbon credits in the next 10 years.
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