NTPC Seeks Bids for Carbon Credits from Wind and Solar Projects

21 Aug 2024 CW Team

NTPC Green Energy has announced a tender for the sale of 100,000 carbon credits from Verified Carbon Standard (VCS)-registered wind and solar projects with a combined capacity of 610 MW.

The deadline for bid submissions is September 12, 2024, and the bids will be opened on September 13.

Bidders are required to provide a lump sum price for the 100,000 carbon credits, excluding the issuance fee payable to the VERRA/VCS Board and other relevant charges and taxes. NTPC will enter into an Emission Reduction Purchase Agreement (ERPA) with the bidder selected.

The sale is open to all reputable domestic companies that are registered and operating in India. Interested parties can acquire the carbon credits from NTPC Green?s VCS-registered projects based on the price determined through competitive bidding.

Bidders must have experience in purchasing and selling carbon credits within the last three years. They should either maintain an active account at the VERRA registry for the transfer of Verified Emission Reductions (VERs) or provide a commitment for the VERs to be transferred to a valid VERRA account held by a third party.

The Verified Carbon Standard Program, which is managed by US-based VERRA, is one of the most commonly used greenhouse gas crediting programs.

Additionally, bidders must have an average annual turnover of at least Rs 8 million over the past three financial years and a net worth that is no less than 100 per cent of their paid-up share capital.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..