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.

Infrastructure Urban

16 Oct 2025

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..