Moneycontrol PRO
Sansaar

business

Sasan Project CERs valued at Rs 2000cr for 10-yrs: RPower

JP Chalasani, CEO of Reliance Power told CNBC-TV18 that he expects carbon credits to start accruing from January 2013. He also values the certified emission reductions (CERs) at Rs 2,000 crore for 10-years. “At 15 euro if you sell it, it’s about Rs 2,000 crore. It depends upon what price you get at that point of time.

first published: Feb 4, 2011 12:32 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347