Shree Renuka Sugars to sell 11,500 CERs
Shree Renuka Sugars Ltd has entered into an agreement with an European utility company for sale of about 11,500 Certified Emission Reductions (CERs) from their Munoli Project in Karnataka.
By PTI |
MUMBAI: Shree Renuka Sugars Ltd has entered into an agreement with an European utility company for sale of about 11,500 Certified Emission Reductions (CERs) from their Munoli Project in Karnataka.
The sale of the CERs was done through Agrinergy Ltd, the company said in a press release here.
The Munoli Unit was the first Bagasse cogeneration plant in the world to be registered as Clean Development Mechanism (CDM) project with the United Nations Framework for Climate Change Convention (UNFCCC), it said.
Agrinergy is a CDM consultancy firm established in the UK with offices in India, Indonesia and Thailand, it added.
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