Varanasi Smart City to act as aggregator of Carbon Credits

To trade Carbon Credits generated by various agencies in Kashi with international companies in the coming years, the Varanasi Smart City (VSCL) has taken the initiative to act as the aggregator for the market mechanisms to minimise greenhouse gas emissions.

“The process for joining Carbon Credit business by Kashi has started with the appointment of a consultant firm,” said VSCL chairman and divisional commissioner Deepak Agrawal, mentioning that a proposal to go ahead with the Carbon Credit programme was approved in-principle after going through the presentation given by consultant firm Enking International on July 26.

“Following selection of consultants to assist and handhold the organisation through a transparent and competitive selection process, VSCL has started the process of signing a memorandum of understanding (MoU) with all stakeholders,” said Agrawal.

According to VSCL, now, the consultant firm will in start shortlisting the qualifying projects like solar energy, solid waste management, compost production, water and plants, bio-gas and other methane gas production projects, energy efficient lighting, electric vehicles and advise the city about the potential projects to be considered for Carbon Credits.

See also:
Nagpur Smart City: The next big opportunity for big players
Cuttack to set up PMU to increase efficiency of civic body


Related Stories

Bids Invited for 120 km Narmada River Cruise in Madhya Pradesh

The Madhya Pradesh Tourism Department has invited bids for operating a 120 km cruise expedition along the Narmada River, connecting Ekatma Dham (...

Read More

REC to Fund Health Equipment in Raipur, Chhattisgarh

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the District Health...

Read More

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back