A United Nations board overseeing the world’s second-biggest carbon market should this week reject an application for tradable credits from a proposed Indian coal plant, said CDM Watch, the environmental lobby group.
The plant, to be operating as early as next year by Adani Power Maharashtra Ltd., does not need the credits because India’s energy policies “provide sufficient incentives,” Bonn- based CDM Watch said yesterday in an e-mailed statement.
The so-called energy-efficient plant, in Tirora in central India, was to produce about 15 percent fewer emissions than more conventional technology, according to a document submitted to the UN Framework Convention on Climate Change, which oversees the Clean Development Mechanism program.
Vineet Jain, a senior vice president at Adani Power based in Ahmedabad and listed as a contact for the project, didn’t immediately reply to an e-mail seeking comment. Calls to his phone numbers weren’t answered.
