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

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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.

February 04, 2011 / 19:39 IST

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In the largecap space one stock which has done well today is Reliance Power perhaps on expectations of money coming in from carbon credits. The company

TAGS: #Business #carbon credits #certified emission reductions #JP Chalasani #Mitali Mukherjee #Reliance Power #Sasan project #Sasan UMPP #Udayan Mukherjee #ultra mega power project #UNFCCC #United Nations Framework Convention on Climate Change

first published: Feb 4, 2011 12:32 pm

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