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DMRC becomes world’s first rail project on UN’s green list

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Express news service

Posted: Jan 05, 2008 at 0000 hrs IST

New Delhi, January 4 The Delhi Metro Rail Corporation (DMRC) became the first railway project in the world to be registered by the UN Framework Convention on Climate Change (UNFCCC). This means that now DMRC can earn carbon credit points, which will translate into Rs 1.2 crore per year.

Carbon credits are measured in terms of reduction of carbon dioxide by adequate measures. "This is the first time in the world that the UNFCCC has registered a project based on regenerating braking technology (RBT)," DMRC Chief Public Relations Officer Anuj Dayal said.

Under the RBT system, whenever a train applies brake, 30 per cent of the energy released by it is conserved and is used by the train coming from behind. The total amount of energy thus conserved can be converted into financial terms — Certified Emission Reduction (CER). "DMRC can now claim 400,000 CERs for a 10-year crediting period. This translates to Rs 1.2 crore per year for 10 years," Dayal said.

It took over a year for DMRC to get itself registered as it had to go through several procedures. The entire project was carried out with the support of Japan Carbon Finance Ltd which provided $95,000.

Germany-based technical service provider TUV NORD validated the project on behalf of the UNFCCC. TUV NORD submitted its reports in September 2007 after checking and verifying the DMRC's claim of energy consumption.

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