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100MW concentrated solar power project approved for India

Reliance Power Rajasthan CSP project approved by UNFCCC and becomes world’s largest concentrated solar power plant to be registered under clean CDM

The concentrated solar power plant will be built in Rajasthan, India

Plans for a 100MW concentrated solar power (CSP) project have been approved in India. Private sector India firm Reliance Power has announced the CSP project, in Rajasthan has received approval for carbon credits, under the United Nations Framework Convention on Climate Change (UNFCCC). This is the world's largest concentrated solar power project ever registered with the Clean Development Mechanism Executive Board (CDM - EB), according to the company.

The solar energy news follows weeks after power was produced from India's first concentrated solar power plant in June. The Reliance Power CSP plant is set to generate 2.15 million carbon credits during its initial ten years of operation. The concentrated solar power project is the largest investment undertaken by any private sector entity in CSP technology in India.

J.P. Chalasani, chief executive officer of Reliance Power, said: "This is yet another international recognition of company's commitment to use of clean, green technologies to reduce carbon footprint and set a global benchmark in embracing environmental-friendly technologies".

CDM registration will allow the concentrated solar power project to generate and sell Certified Emission Reductions (CERs) internationally. These CERs translates into direct revenues for Reliance Power.

Reliance Power has already got CDM registration for its "super-critical" technology based power projects. Along with the present registration, Reliance Power's has the world's largest CDM registered capacity of more than 12,000MW with a potential to generate 60 million carbon credits in the next 10 years.

The concentrated solar power project, under implementation by its wholly owned subsidiary, Rajasthan Sun Technique Energy Pvt, is a compact linear fresnel reflector technology based project located in Dhursar, Jaisalmer District, Rajasthan. The company has a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam for the plant.

Reliance Power is part of the Reliance Group and India's leading private sector power generation company. The company has the largest portfolio of power projects in the private sector based on coal, gas, hydro and renewable energy, with an operating capacity of 2,500MW.