Tata Power, India’s largest integrated power company, said its Joint-Venture of 120 MW Itezhi Tezhi Hydro Power Project in Zambia had received Clean Development Mechanism (CDM) approval from the United Nations Framework Convention on Climate Change (UNFCCC).
The Itezhi Tezhi Power Corporation Ltd (ITPC) — a joint venture with Zambian parastatal utility ZESCO Limited (ZESCO) — is a special purpose vehicle which has been set to build and operate a 120 MW hydro power plant in Itezhi Tezhi district on Kafue River in Zambia. ITPC is the first project in Zambia to get the CDM approval from UNFCCC, the company said in a statement.
The proposed project activity involves installation of Greenfield 120MW Hydro Power plant in the Central Province of Zambia. The total emission reductions from the project are estimated to be 5,892,480t CO2e over a 10 year crediting period averaging 589,248t of CO2e annually, the statement said.
The project was registered under CDM project activity in September this year. SGS United Kingdom Ltd was given the contract by ITPC to perform a validation of the projects as per UNFCC criteria for the CDM project validation.
Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 8669 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.