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| ONGC registers Fifth CDM project with UNFCCC |
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October 20, 2009 |
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ONGC's pursuit towards sustainable management is well documented and has earned ONGC many laurels. The latest feather in the cap is the registration of the fifth Clean Development Mechanism (CDM) project with the United Nations Framework Convention on Climate Change (UNFCCC) on September 22, 2009. The project, Energy Efficiency of Amine Circulation Pumps at Hazira' involves enhancing energy efficiency achieved in the amine circulation pumps of Hazira Plant.
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The project will fetch an estimated Certified Emission Reduction (CER) of 4043 per year for a period of 10 years. With this a total annual CER of about 1.24 Lakh is achieved. The details of all the registered projects are as follows:
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It is also pertinent to mention that ONGC has already submitted one more CDM project to the UNFCCC with the request for registration.
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Commenting on this achievement, Mr. R S Sharma, CMD, ONGC said, “It is a matter of great pride to specially mention that ONGC under the MoPNG is the only central PSU to have five registered CDM projects against its name.”
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“This success has once again reiterated ONGC’s commitment towards climate change mitigation and sustainable development through developing real, measurable and verifiable mitigation projects,” Mr. Sharma added.
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Corporate Communications
New Delhi
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