L&T IDPL project secures CDM status

Last Updated: Mon, Dec 03, 2012 11:57 hrs

The Wind Energy Project of L&T Infrastructure Development Projects Limited (L&T IDPL) has secured the Clean Development Mechanism (CDM) status from United Nations Framework Convention on Climate Change (UNFCCC), Bonn, Germany.

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

"L&T IDPL recognizes that Green Energy is essential to mitigate global warming and helps maintain a sustainable eco system," the company said in a statement on Monday.

"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 L&T's establishments in Tamil Nadu," it said.

The National CDM Authority - Ministry of Environment & Forests, Government of India has approved L&T IDPL's Wind Energy Project as a 'Project contributing to sustainable development in India' and gave 'Host country approval' for the project on June 12.

The National Action Plan on Climate Change (NAPCC) envisages 15% of the total power capacity from renewable energy sources by 2020.

Recognizing NAPCC's need, L&T 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 10.48% of the energy consumed by L&T.

L&T Infrastructure Development Projects Limited (L&T IDPL) is a major player in Public Private Partnership (PPP) Projects in India with business interests in Roads & Bridges, Ports, Metro Rail, Wind Energy and Emerging Sectors such as Transmission Lines, Water and Railways.

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