L&T IDPL’s Wind Energy Project Gets CDM Status From UNFCCC

December 3, 2012 by  
Filed under Green Energy News

Larsen Toubro Ltd. said the Wind Energy Project of LT Infrastructure Development Projects Ltd. or LT IDPL, had secured the Clean Development Mechanism (CDM) status from Bonn, Germany-based United Nations Framework Convention on Climate Change (UNFCCC).

It has registered LT IDPL for receiving Certified Emission Reduction (CER) certificates every year up to 2022.

LT IDPL recognized that Green Energy is essential to mitigate global warning and helps maintain a sustainable eco system. Taking this a step further, the 8.7 MW of wind energy generators installed by the company generates green power which caters to substantial captive consumption by LT’s establishments in Tamil Nadu.

The National Action Plan on Climate Change (NAPCC) envisages 15 percent of the total power capacity from renewable energy sources by 2020. Recognizing NAPCC’s need, LT has developed an action plan to increase the share of renewable/green energy in its energy mix, thereby helping to reduce pollution. Green/renewable energy forms around ten percent of the energy consumed by LT.

At the BSE, Larsen Toubro closed Monday’s trading at Rs.1,666.15, down 0.06 percent from the previous close.

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by RTT Staff Writer

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