FUNDS FROM NETHERLANDS FOR WIND ENERGY PROJECTS IN
KARNATAKA
RAJAY SABHA
Five renewable energy
proposals including one project for setting up a wind power project
in Karnataka have been selected under the Certified Emission Reduction
Unit Programme Tender (CERUPT) which was floated by the Government
of the Netherlands. The Certified Emission Reduction (CER) units
generated from these projects will be purchased by the Government
of the Netherlands from the respective project developers at a
pre-determined price. The actual funds received from the Government
of the Netherlands will depend upon the quantum of CER units generated
by these projects.
This information
was given by Shri M. Kannappan, Minister of State for Non-conventional
Energy Sources, in a written reply to a question by Shri K.B.
Krishna Murthy in Rajya Sabha today.
