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Wednesday, June 29, 2022
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Arunachal likely to earn carbon credits through Micro, Mini and Small Hydropower plants by 2070

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Arunachal Pradesh is to invest on its micro, mini, and small hydropower projects to earn carbon credits, a step the state government believes will add to the efforts for India to achieve net-zero emissions by 2070.

Arunachal’s investment plan:

According to a top government official, “Out of the total hydropower plants in the state, 98 micro, mini and small hydropower plants with a combined installed capacity of 50.295 MW have been considered for carbon credits registration and assets management for 2014-2020.”

About the project:

Arunachal hydropower
Arunachal Pradesh is to invest on its micro, mini, and small hydropower projects

These hydropower plants are run-of-river plants and eligible for carbon credit. Micro-hydro projects are up to 200 KW capacity, mini up to 2 MW and small up to 25 MW.

The state Hydro Power Development Department is the renewable energy-producing entity that will claim Carbon Credits, which the Universal Carbon Registry issues.

Deputy Chief Minister Chowna Mein, who is also in charge of the Department, was instrumental in getting the Carbon Assets Management (Carbon Credits Trading) for hydropower plants.

An insight:

With state-owned 135 plants, the Department has power worth 74.88 million units, equivalent to 54,410 Carbon Credits annually and can earn approximately Rs 1.15 crore at the present rate. Of the three-stage registration process, credit realisation and trading, the state is through with the first one.

While speaking to some sources,  Commissioner, Hydropower and Planning, Prashant Lokhande said, “We expect to get credits somewhere in 3-4 months or at max, six months. Once that is done, trading can be done any time.”

Once anointed as the powerhouse of the nation for its vast potential of 50,000 MW plus hydropower, Arunachal Pradesh has been catering to its villages spread over the mighty Himalayas with such small, micro, and mini-hydropower projects on smaller springs rivers even as it aims at selling power from mega hydropower projects on more significant rivers.

Besides, a few time back Arunachal Pradesh has announced 50 micro and mini-hydropower projects under the Golden Jubilee Border Village Illumination program in a phased manner. In the first phase, 17 micro and mini-hydropower projects with an installed capacity of 1,255 KW are planned.

ALSO READ: ARUNACHAL: GOVERNMENT TO INTRODUCE JAPANESE LANGUAGE AS SKILL FOR YOUTH

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