Green is Gold: What Projected Carbon Market Boom Signals on Prosperity and The Planet
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We guided the project through regulatory process of different mechanism like VCS, Gold Standard and assisted them them through all 4 stages from project registration, verification, validation and final trading of credits.
Firstly, we took the responsibility of developing Project Design Document, containing information about the project’s anticipated emission reductions, social and environmental benefits and demonstration that the projects activities exceeds “business-as-usual” reductions and avoid emission leakages.
The project is then validated and verified after assessing the carbon, social and environmental components and ensuring the accordance with the rules and requirements of different mechanisms.
Our market leading portfolio and on groud support, offered credit trading service for the credits generated from the project, by conducting extensive market research and marketing to identify credit buyers thus helping the company begin its carbon credit sales.
The project activity involves the installation of Solar PV project. The total installed capacity of the project is more than 1000 MW of Solar PV plant. The Project activity is a new facility (Greenfield) and the electricity generated by the project will be supplied to various locations across India. The project will therefore displace an equivalent amount of electricity which would have otherwise been generated by fossil fuel dominant electricity grid. And this is how main aim to move towards sustainable growth for the nation will be ensured by Greenko by means of this project.
1. Successfully getting the project registered with different internationally recognized mechanisms for emission reductions like VCS, Gold Standard etc.
2. All the projects registered are regularly audited and validated by third party organizations to ensure additionality and environmental integrity of the projects.
3. Achieving the best prices and terms for sales of carbon credits generated.
EnKing international stepped in and identified the difficulties being faced by the orgnaisation and took a hands on approach to get the projects validated and verified with VCS and CDM mechanism and get the carbon credit trading started. We assisted the organization with regulatory process of different mechanism like VCS, Gold Standard and assisted them them through all 4 stages from project registration, verification, validation and final trading of credits.
Firstly, we took the responsibility of drafting Project development document containing information about carbon, social and environmental components of the project and ensuring it follows all the required rules and regulations of different emission reduction mechanisms.
Got the project validated after assessing if the project GHG removal or reduction is in accordance with mechanism rules and against all applicable requirements of the CDM & VCS standard.
Opened a global market for their credit generated by offering credit trading service for the credits developed from the project, by conducting extensive market research and marketing to identify credit buyers thus helping the company begin its carbon credit sales.
Ms. Itisha Sahu
Company Secretary
Address: 903, B-1 9th Floor, NRK Business Park, Scheme No. 54, PU4, Indore 452010, Madhya Pradesh India
Mail: cs@enkingint.org
In case of non-redressal of the complaint to the investor’s satisfaction, within a reasonable time frame, the investor may approach-
Mr. Mohit Kumar Agarwal
Chief Financial Officer
Address: 903, B-1 9th Floor, NRK Business Park, Scheme No. 54, PU4, Indore 452010, Madhya Pradesh India
Email: cfo@enkingint.org
In case a complaint is still not redressed to the investor’s satisfaction, the investor may approach the Securities and Exchange Board of India and file their grievance through “SCORES”, the centralized online system for lodging and tracking complaints.
SCORES facility can be accessed through the weblink http://scores.gov.in
