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IFFCO earns carbon credits
New Delhi:10/March/2010

S K Jhakar is known for his eco-friendly approach.

So the Chairman of Indian Farmers Fertiliser Cooperative (IFFCO) was happy, when the Fertilizer Major earned Rs.4 crore by selling Carbon Credits.

IFFCO, world’s largest manufacturer and marketer of processed fertilizers in cooperative sector has earned laurels in the world forum.

The United Nations Framework Convention on Climate Change (UNFCCC) issued 80,636 MT Certified Emission Reduction (CER) which has been sold to FC2E, Spain under Clean Development Mechanism.

This reduction in emission of CO2 achieved through implementation of its CDM project “Fuel Switch over from Higher Carbon Intensive Fuels to Natural Gas (NG)” at IFFCO Phulpur from 31March, 2008 to 31 March, 2009.

Further, the reduction of 1.60 lakh MT CO2 emission achieved through implementation of CDM project “Reduction in Steam Consumption through revamping of Ammonia Plant”.

CDM Project was implemented in all the five Ammonia plants of IFFCO from 15 April, 2007 to 31 December, 2007 will be submitted to Executive Board of UNFCCC for issuance shortly.

In an effort to mitigate the emission of Green House Gas (GHG) to counter Global Warming, IFFCO has implemented various schemes viz; “reduction in steam consumption through revamping of Ammonia Plant” at its plants, Feed/Fuel Switch over from Higher Carbon Intensive Feed/Fuels to Natural Gas (NG)” at IFFCO Phulpur unit.

Mr.Jakhar further added that Phulpur, which was the largest Naphtha based plant in the World, has now been converted in Gas based plant.

IFFCO has also Installed Carbon Di-Oxide Recovery (CDR) plant at Phulpur & Aonla units to recover CO2 from Reformer Stack on Ammonia Plant which will reduce emission of CO2 to atmosphere.

IFFCO has already reduced the emission of CO2 by more than 14 lakh MT till date through implementation of above schemes.

The emission reduction achieved through implementation of these schemes prior to registration of the Project with UNFCCC has been verified and traded as Verified Emission Reduction (VER) under VCS.

Under this scheme reduction of 4.07 lakh MT CO2 emission achieved from the CDM Project “Reduction in Steam Consumption through Revamping of Ammonia Plant” and CDM Project “Fuel Switch over from Higher Carbon Intensive Fuels to Natural Gas (NG)” at IFFCO Phulpur has been traded.

Mr. Jakhar, stated that “we have also taken up various green initiatives and created a division “Alternate & Renewable Energy and Natural Resources Management”.

This division will focus on construction of Green Building, installation of Wind Mill to generate Power, Solar Panel for Street Lighting, Water Harvesting, etc.”

He also said that this is the step towards saving our planet & Mother Nature and IFFCO will continue to serve the country in this manner.

 
 

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EDITOR : Braja Kishore Mishra

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