Gujarat NRE may get 70,000 carbon credits from new windmills (Business Standard 4th Dec 2004) Gujarat NRE Coke Limited (GNCL), which recently announced an investment of Rs 175 crore to set up 20 windmills of 1500kw each at Kutch, is expecting to generate around 70,000 carbon credits from them. This will be in addition to the 55,000 carbon credits it expects to receive from its existing 25Mw wind mill in Kutch, which is undergoing the certification process. The company is developing a Clean Development Mechanism (CDM) project for the proposed 20 windmills. Gujarat NRE Coke soars 8% on Rs 175 cr windmill expansion (The Economic Times 3rd Dec 2007) The shares of Gujarat NRE Coke soared 8 per cent early Monday, after announcing an investment of Rs 175 crore on 20 windmills of 1,500 kW each. This is in addition to the 27.5 MW of clean power the company already has in Gujarat and being set up in Kutch. These windmills will go into generation in a phased manner, 10 becoming operational by M...
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