India CDM pipeline April report

May 3, 2010

In April, 277,151 CERs (approx US$5.2m) were issued to projects in India which came from 5 projects, 3 new projects were registered with an annual potential of generating 92,570 CERs. 

Analysis and Details 

CER Issuance
A total of 277,151 CERs (approx value of 3.7m Euros or US$ 5.2m based on the spot prices) were issued over the last month in India. This compares is 4.9 million CERs that were issued globally.The monthly comparison of CERs issued in India and globally is as follows.

 April CER Issuance comparison

The projects where the CERs from India were issued are as follows:

 

Issuance Project CERs Issued
23-Apr-10 Grid-connected Combined Cycle Power Plant of capacity 219.067 MW using Natural Gas/ R-LNG as fuels at Gujarat, India. 49,504
23-Apr-10 Indur 7.5 MW Non-Conventional Renewable Sources Biomass Power Project 56,997
22-Apr-10 Grid connected 13MW biomass power project in Maharashtra 16,378
1-Apr-10 Improvement in Energy Consumption of a Hotel 1,996
1-Apr-10 Bagasse Based cogeneration power project of Rana Sugars Limited, Amritsar District, Punjab; 152,276
  TOTAL 277,151

 

Projects Registered

3 new CDM projects were registered in India last month with a potential of generating 92,570 CERs annually. This compares to a total of 30 globalprojects that were registered in the same time frame which have a potential of generating 3.34 million CERs annually. Projects from India have continued to be smaller in size.

Count of projects registered withthe UNFCCC:


 

CERs expected from the projects registered in April:

Projects registered from India in April 2010

Reference Project Registered Reductions
3191 Methane recovery from wastewater treatment at Dwarikesh Sugar Industries Limited (DSIL) 25-Apr-10 9408
3139 7.5 MW bundled small-scale wind project, Sangli District, Maharashtra, India 23-Apr-10 11793
3083 20 MW biomass based power project in Maharashtra, India 22-Apr-10 71369
CER_Issuance
Author: India Carbon Outlook

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