Arunachal Pradesh will get carbon credit from the hydro project
Officials said Arunachal Pradesh is dependent on its micro, small and small hydro power projects to earn carbon credits.
According to Arunachal government officials, the move will add to India‘s efforts to achieve net-zero emissions by 2070.
A top government official said, “Out of the total hydel power plants in the state, 98 micro, small and small hydro power plants with a combined installed capacity of 50.295 MW have been considered for carbon credit registration and asset management for the year 2014-2020. Is.” ,
These hydroelectric plants are run-of-river plants, and are eligible for carbon credits. Micro-hydro projects are those up to 200 kW capacity, mini up to 2 MW and smaller up to 25 MW.
The State Hydropower Development Department is the renewable energy-generating entity that will claim carbon credits, which are issued by the Universal Carbon Registry.
The Deputy Chief Minister, Chowna Mein, who is also in-charge of the department, was instrumental in achieving Carbon Asset Management (Carbon Credit Trading) for hydropower plants.
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With 135 state-owned plants, the department has 74.88 million units of electricity, which is equivalent to 54,410 carbon credits annually and can earn around Rs 1.15 crore at the current rate. The state is going through the first phase out of a three-stage process of registration, debt recovery and trading.
Hydropower and planning commissioner Prashant Lokhande said the government expects to get the credit somewhere in 3-4 months or at most six months.
Once this is done, the business can be done anytime, he said.
Having been anointed as the nation’s powerhouse for a massive hydropower potential of over 50,000 MW, Arunachal Pradesh aims to cater to its villages spread across the mighty Himalayas with such small, micro and mini hydroelectric projects on small springs, rivers. Has been doing. On selling power from mega hydroelectric projects on big rivers.
Recently, Arunachal Pradesh has announced 50 micro and small hydro power projects in a phased manner under the Swarna Jayanti Seema Gram Roshni programme.
In the first phase, 17 micro and small hydel projects with an installed capacity of 1,255 kW are planned.
Arunachal Pradesh will get carbon credit from the hydro project
(Except for the headline, this story has not been edited by News East India staff and is published from a syndicated feed.)
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