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AUG 30 2016

NTPC to plant 20 million trees over the next decade

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 30th AUG 2016

 

Power generator NTPC Ltd will plant 20 million trees over the next decade, the company said in a statement today. NTPC has embarked upon accelerated afforestation drive with the State Forest Departments of Madhya Pradesh, Bihar, Assam, Karnataka, Andhra Pradesh, Telengana and Maharashtra to plant 10 million trees during 2016-17, it said.

"This is in tandem with the recently announced Intended Nationally Determined Contribution (INDC-2030) of creating an additional carbon sink of 2.5 to 3 billion tones of CO2 equivalent through forests and tree cover by 2030. Besides 10 million tree plantations during the current year, NTPC plans to create additional sink by planting 10 million trees across the country in next ten years," the state-run firm said.

NTPC has already signed MoUs (Memorandum of Understanding) with State Forest Departments of Madhya Pradesh, Bihar, Assam and Karnataka for the accelerated afforestation and others are expected to be signed shortly.

"As per the MOU, the respective agencies will plant different trees, bamboo or any other local species capable to sequester carbon. NTPC shall assist in plantation and subsequent maintenance for a period of five years," according to the statement.

Memorandum of Understanding (MoU) with Department of Forest, Government of Karnataka was signed on 27th August 2016, in Bangaluru for plantation of 5,32,950 trees in the State through the Forest Department. The MoU was signed by A K Garg, Additional Principal Chief Conservator of Forest and Avinash Saraswat, GM-NTPC at Bengaluru.

Tags

Madhya Pradesh Maharashtra Bihar Assam Andhra Pradesh Karnataka NTPC Ltd Memorandum Of Understanding Power

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