NTPC Seeks Bids for Carbon Credits from Wind and Solar Projects
POWER & RENEWABLE ENERGY

NTPC Seeks Bids for Carbon Credits from Wind and Solar Projects

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.

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.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?