State project to earn 1.6 mn carbon credits

ONGC expects to earn 1.6 mn carbon credits per year from its 726.6-MW gas-based power generation plant in Tripura as the unit is registered as a Clean Development Mechanism (CDM) project. The gas-based project, which is developed by ONGC Tripura Power Corporation (OTPC), is registered with the United Nations Framework Convention on Climate Change (UNFCCC) under the Kyoto Protocol. Contact: ONGC. Tel: 011-2331 7213. Website: www.ongcindia.com