Renewable energy – use of wind power to replace fossil fuels on the electric grid
Description of Project
This CDM project reduces greenhouse gas emissions by using a renewable energy source to displace fossil fuel on India’s electricity grid, and provide power to a local textile mill.
Project Type
Renewable Energy
View detailed project specification
Project location
Tamil Nadu, India
Direct provider of carbon finance
GHCL Ltd
Project proponent
GHCL Ltd
Credit type
Clean Development Mechanism CERs
Total emission reductions
15,000 tonnes CO2e between 2004 and 2006
Additionality Test
Established using the CDM Additionality Tool. The generation of electricity with wind power is not an Indian regulatory requirement. Furthermore, the investment for this wind project offers a low internal rate of return (IRR) compared to the IRR (IRR) usually required by the project developer for its other investment projects. The expectation of carbon finance was required to secure senior management approval for this wind power project.
Social and environmental considerations
This small-scale CDM project contributes to India’s transition to a low-carbon future by using renewable energy instead of fossil fuels to support industrial development and by reducing regional dependence on imported fossil fuels. Development of the project required significant local investment to improve local infrastructure (roads, transmission lines, etc) that continues to provide benefits to the surrounding community.
Current status of project
Completed
Vintages
2004-2006
