Rajesh Bhayani / Mumbai July 08, 2010, 0:00 IST

Indication of deeper emission cuts in EU countries by 2020 led to the increase.

New Delhi: The finance ministry has mined data of Indian companies that have not been paying tax on the income earned by selling their carbon credits or certified emission reductions (CER).

Taxmen Get Active As Scrutiny Reveals Many Listed Cos Not Including Carbon Credits In Their Income While Calculating Tax
Deepshikha Sikarwar NEW DELHI

Singapore/New Delhi: Developers of Indian clean-energy projects have winnowed down a stockpile of UN-backed carbon offsets, but are in no rush to sell the remainder as they hold out for higher prices.

INDIA

Mumbai: Once bitten twice shy

NEW DELHI: On the eve of World Environment Day on Friday, the Municipal Corporation of Delhi claimed that it had become the first civic body in the country to win carbon credit through its municipal solid waste compost plant at Okhla in South Delhi.

New Delhi: Municipal Corporation of Delhi (MCD) has earned carbon credits worth Rs 5 lakh against net carbon emission reduction (CER) achieved by making Okhla compost plan functional. This makes MCD the first civic agency in the country that has earned carbon credits.

June 4: The MCD on Friday got a cheque of Rs 5 lakhs in connection with carbon emission reduction (CER) for its solid waste compost plant at Okhla.

Look To Invest In Projects That Have Potential To Earn Higher Carbon Credits
Shailesh Menon MUMBAI

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