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UP vies for biggest carbon credit earner tag in India
Power-starved Uttar Pradesh has drawn up the country’s largest plan to earn carbon credits. The idea is to save power by distributing subsidised compact fluorescent lamps in exchange of the usual incandescent bulbs. By distributing about 1 crore subsidised CFLs, the state plans to ultimately save over 1,000 MW of peak hour electricity.
The Uttar Pradesh Power Corporation Limited along with Banyan Environmental Innovations Ltd of Hyderabad has designed about 30 such projects, which will be implemented across the state in stages.
The state has already been successful in registering one of these projects ULEEP-1 — with the United Nations Framework Convention on Climate Change (UNFCCC) to earn about 18,356 carbon credits (Certified Emission Reductions). These carbon credits will be earned through the distribution of about 3 lakh CFLs at Rs 12 each in the Varanasi zone of UPPCL in exchange for incandescent bulbs. The Power Corporation is busy finalising the methods by which these CFLs would be distributed in the urban area of Varanasi.
Power-starved Uttar Pradesh has drawn up the country’s largest plan to earn carbon credits.
The idea is to save power by distributing subsidised compact fluorescent lamps in exchange of the usual incandescent bulbs. By distributing about 1 crore subsidised CFLs, the state plans to ultimately save over 1,000 MW of peak hour electricity.
The Uttar Pradesh Power Corporation Limited along with Banyan Environmental Innovations Ltd of Hyderabad has designed about 30 such projects, which will be implemented across the state in stages.
The state has already been successful in registering one of these projects ULEEP-1 — with the United Nations Framework Convention on Climate Change (UNFCCC) to earn about 18,356 carbon credits (Certified Emission Reductions). These carbon credits will be earned through the distribution of about 3 lakh CFLs at Rs 12 each in the Varanasi zone of UPPCL in exchange for incandescent bulbs. The Power Corporation is busy finalising the methods by which these CFLs would be distributed in the urban area of Varanasi.
Rag pickers to be part of project
As part of the Corporate Social Responsibility attached with the project, it has been recommended in the project design document that rag pickers will be involved in carrying the bulbs from collection points to the place where they will be destroyed as per norms. Apart from their being paid for the job, a certain percentage of CER earnings will be used for their welfare. As per UNFCCC guidelines, a social responsibility project has to be taken up along with the main project, said officials.
Source: www.indianexpress.com