+
Varanasi Smart City to act as aggregator of Carbon Credits
SMART CITIES

Varanasi Smart City to act as aggregator of Carbon Credits

To trade Carbon Credits generated by various agencies in Kashi with international companies in the coming years, the Varanasi Smart City (VSCL) has taken the initiative to act as the aggregator for the market mechanisms to minimise greenhouse gas emissions.

“The process for joining Carbon Credit business by Kashi has started with the appointment of a consultant firm,” said VSCL chairman and divisional commissioner Deepak Agrawal, mentioning that a proposal to go ahead with the Carbon Credit programme was approved in-principle after going through the presentation given by consultant firm Enking International on July 26.

“Following selection of consultants to assist and handhold the organisation through a transparent and competitive selection process, VSCL has started the process of signing a memorandum of understanding (MoU) with all stakeholders,” said Agrawal.

According to VSCL, now, the consultant firm will in start shortlisting the qualifying projects like solar energy, solid waste management, compost production, water and plants, bio-gas and other methane gas production projects, energy efficient lighting, electric vehicles and advise the city about the potential projects to be considered for Carbon Credits.

See also:
Nagpur Smart City: The next big opportunity for big players
Cuttack to set up PMU to increase efficiency of civic body


To trade Carbon Credits generated by various agencies in Kashi with international companies in the coming years, the Varanasi Smart City (VSCL) has taken the initiative to act as the aggregator for the market mechanisms to minimise greenhouse gas emissions. “The process for joining Carbon Credit business by Kashi has started with the appointment of a consultant firm,” said VSCL chairman and divisional commissioner Deepak Agrawal, mentioning that a proposal to go ahead with the Carbon Credit programme was approved in-principle after going through the presentation given by consultant firm Enking International on July 26. “Following selection of consultants to assist and handhold the organisation through a transparent and competitive selection process, VSCL has started the process of signing a memorandum of understanding (MoU) with all stakeholders,” said Agrawal. According to VSCL, now, the consultant firm will in start shortlisting the qualifying projects like solar energy, solid waste management, compost production, water and plants, bio-gas and other methane gas production projects, energy efficient lighting, electric vehicles and advise the city about the potential projects to be considered for Carbon Credits. See also: Nagpur Smart City: The next big opportunity for big players Cuttack to set up PMU to increase efficiency of civic body

Next Story
Infrastructure Urban

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?