Clean Development Mechanism
VCL is targeting as one of the players in the CDM market in India. It provides a range of services such as awareness generation, capacity building among various industries and government agencies, conceptualization to registration and selling of CERs in the international market. In its CDM portfolio. VCL has made an MoU with GTZ i.e. German Development Corporation and working on Various CDM projects.
The services include working with project developers throughout the credit creation process, starting from the initial conceptualization and project assessment, continuing with the full project documentation, undertaking the entire formal approval processes and finally monitoring, verifying and successfully transacting the Certified Emission Reductions (CERs).
Typical CDM projects handled by us include, inter-alia
Renewable Energy Projects like Biomass based power generation, Wind power generation and Hydro power generation and dispatch of power supply to the grid
Energy / Efficiency improvement projects like replacement of old boilers by new boilers with higher efficiency, coal or oil fired power generation by a combined cycle power plant and conversion from open cycle to combined cycle power plant
Energy efficiency projects like waste heat recovery, energy efficiency through steam generation process optimization and efficient utilization, replacement of old production technology by new technology and processes and change in product mix leading to lower consumption of fossil fuels
Fuel switch like industrial fuel switching from coal and petroleum fuels to natural gas and partial replacement of fossil fuels by biomass as an alternative fuel in cement plants
Methane capture projects like collection and combustion of Methane in landfills to produce electricity dispatched to the national grid and Methane capture and combustion to generate power
VCL associates itself with the project right from the preparation of Project Design Document (PDD) through the registration till the project gets Certified Emission Reductions (CERs). Our Services include
Undertaking pre-feasibility study to evaluate the eligibility of the project for the CDM benefit
Preparation of PDD with inputs from project proponent
Extending required support in getting host country approval and during verification process
Guidance in registering the project with UNFCCC
Development/implementation of detailed monitoring plan (post validation)
Undertaking pre-feasibility study to evaluate the eligibility of the project for the CDM benefit
Preparation of PDD with inputs from project proponent
Extending required support in getting host country approval and during verification process
Guidance in registering the project with UNFCCC
Development/implementation of detailed monitoring plan (post validation)