Power News We love to talk!
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.
- BHEL bags Rs 1,202-cr power project order in Karnataka Read more
- REC says over 10% lending this financial year will be in renewable Read more
- Application for grant of inter-State trading licence to Green Field Power Service Pvt. Ltd., Hyderabad Read more
- Maharashtras new energy policy Read more
- NMDC halts Gonda power project for now Read more
- Power from outside keeps situation stable Read more
- Dabhol Management, Maharashtra oppose plan to sell LNG terminal Read more
- Financial closure for 750 Mw Bangladesh power project soon: Anil Ambani Read more
- Coal price pooling is not a long-term solution Read more
- OPTCL asked to explain dual policy on transmission line approval Read more