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JVVNL to enter carbon credit market

Posted in India on February 17, 2009

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Jaipur, Feb 17 : State-run Jaipur Vidyut Vitaran Nigam Ltd (JVVNL) is set to enter the carbon credit market, making itself the second state government corporation to foray into such market after Rajasthan State Mines and Minerals Ltd.

JVVNL Chairman and Managing Director R G Gupta said that the corporation has appointed Gurgaon-based energy consultant Energy Infra-tech Pvt Ltd for Clean Development Mechanism advisory services.

The consultant will help the corporation in registering its projects with Clean Development Mechanism (CDM) Executive Board of United Nations Framework Convention on climate change under the Kyoto Protocol.

“We have identified four projects for CDM activities which include feeder renovation programme on existing feeders, agriculture pumping efficiency, power supply to new customers through high voltage distribution system (HVDS) and solar based domestic lighting system,” he said.

The consultant would impart training to JVVNL officials for carrying out similar projects independently.

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