MoHUA asks metro operators to register for carbon credits

23 Dec 2022 CW Team

The Union ministry of Housing and Urban Affairs has asked metro rail corporations to register for carbon credits in line with the government’s roadmap to achieve net zero carbon emission.

This comes after a suggestion from the parliamentary standing committee on housing and urban affairs. A carbon credit is a tradable permit or certificate that provides the holder the right to emit one tonne of carbon dioxide or its equivalent of another greenhouse gas.

A recent report of the committee, outlining the action taken by the government on its recommendations, said that the ministry has informed that it is merely desirable for metro networks to register for carbon credits and not mandatory.

“M/o Housing and Urban Affairs has requested metro rail corporations, who have not yet registered for carbon credits, to explore economic benefits of registration,” it quoted the ministry as saying in its report to the panel.

The committee noted that several metro projects have registered for applied for greenhouse gas (GHG) emission under two platforms - Clean Development Mechanism (CDM) under UNFCCC and the Gold Standard Registry (GS) to demonstrate emission reduction.

The Delhi Metro has earned 4.4 million carbon credits from CDM and GS projects, while metro rail corporations Kochi and Lucknow have said that the registration for carbon credits is under process.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..