Bamboo Plantation based Carbon Credits Project Activity
For
Government of Tripura
Prepared by: HCPL-CREDUCE (JV)
CERTIFICATES THAT SAVES THE ENVIRONMENT
- Bamboo has high carbon sequestration rate and a large geographical distribution.
- Bamboo is a crucial element in the balance of oxygen and carbon dioxide in the atmosphere. A grove of bamboo release 35% more oxygen than an equivalent stand of trees. Because of this, planting bamboo is a great way to reduce your carbon footprint and help fight global warming. Bamboo is a viable replacement for wood.
- Bamboos provide ample opportunities for carbon farming and carbon trading.
- Bamboo has an important part in the daily life of the indigenous inhabitants of the state and is a source of food, raw materials for construction, fashioned items, handicrafts, agricultural implements and other items of daily use.
- Bamboo is a wonderful replacement plants for trees with its short growth cycle and a high carbon dioxide exchange rate. Bamboo is a grass with 80 genera and over 1200 documented species. A mature grove of bamboo sends up new shoots every year. These new shoots reach their full size in just a couple months. Some grow 47 inches in 24 hours and can reach over 100 feet in height within 60 days.
- It is a great soil conservation tool. It greatly reduces erosion with a sum of stem flow rate and canopy intercept of 25%. This dramatically reduces rain run-off, preventing massive soil erosion and making it very earth friendly.
Total Carbon Credits in a Year – 10 x 10,000 = 100,000
Price Per Carbon Credit – USD 6.00
Total Carbon Credits in 10 Years – 100,000 x 10 = 10,00,000
Total Revenue Realization in 10 Years 10,00,000 x USD 6.00
Total = USD 60,00,000
Upto 25% Advance for Project Implementation –
USD 15,00,000 ( @ INR 74.00/USD)
INR – 111,000,000
For Further details, Kindly Contact
Mr. Kartik Upadhyay
Partner
Mr. Shailendra Singh Rao,
Partner
HCPL–Creduce (JV)
Mobile: +91-9016850742 , +91-8219526508
Board: +91-9601378723
Mail: shailendra@creduce.tech , kartik@creduce.tech