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Our Bureau

New Delhi , March 26

Six prospective clean development mechanism (CDM) projects of Oil and Natural Gas Corporation Ltd (ONGC) have received host country approval from the country's Designated National Authority (DNA) on March 24, said a release.

After this domestic approval, ONGC needs to get the UN approval to earn carbon credits and be able to trade them.

ONGC is the first Government organisation to receive the DNA approval (from Government of India) for CDM initiatives under the Kyoto Protocol, it claimed.

These projects are the gas flaring reduction projects pertaining to different its assets in Mumbai High, Neelam and Heera, Ankleshwar, Ahmedabad, Mehsana and Cauvery Assets. Three more projects are expected to receive approval of DNA, shortly.

Other projects in the pipeline for the CDM domestic country approval include Hazira Gas Plant, Coal Bed Methane, Wind Power, Mumbai High Heat Recovery and Tripura Power Project.

More Stories on : Environment | Petroleum | Oil & Natural Gas Corporation Ltd

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