Godawari Green Energy Limited (GGEL) is a flagship company of the HIRA group in the renewable energy sector. The company was incorporated as a 100% subsidiary of the Godawari Power & Ispat Ltd in the year 2009. The company was formed with the main objective to cater and tackle the growing energy requirement of the economy in an ecologically sustainable manner. GGEL’s main focus of power generation is from renewable sources like wind energy, solar energy and geothermal energy.
The Integrated Energy Policy Report, 2006, estimates that India will need to increase their electricity generation by five to six times to meet the per capita consumption needs of its citizens. Renewable energy will play an important role in filling the gap while addressing the environmental concerns as well. GGEL has taken the first step in this direction by taking up a project to construct and operate a 50 MW Solar Thermal Power Project, in Jaisalmer District, Rajasthan, India. The solar thermal power plant will be based on the parabolic trough technology which is the most prevalent & proven technology being used globally for such plants.
Accordingly, this project activity is expected to supply 118,866 MWh net electricity to the grid per year and abates 1,131,600 tonnes of Carbon Dioxide emissions. The project is labeled as Gold Standard Credits.
1. Successfully getting the project registered with different internationally recognized mechanisms for emission reductions like VCS, Gold Standard etc.
2. All the projects registered are regularly audited and validated by third party organizations to ensure additionality and environmental integrity of the projects.
3. Achieving the best prices and terms for sales of carbon credits generated.
EnKing stepped in to ensure the project met all the requirements need for registration with Gold standard and got the project certified.
We offered credit trading service, conducted extensive market research and marketing to identify credit buyers and helped the company to begin its credit sales.