Mumbai, Dec 11: Tata Power received Clean Development Mechanism (CDM) approval from United Nations Framework Convention on Climate Change (UNFCCC) today for its Joint-Venture of 120 MW Itezhi Tezhi Hydro Power Project in Zambia.
Itezhi Tezhi Power Corporation Ltd (ITPC) is 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 proposed project activity involves installation of Greenfield 120MW Hydro Power plant in the Central Province of Zambia and will be connected to Southern African Power Pool (SAPP) grid system.
Anil Sardana, CEO & Managing Director, Tata Power said, “As a corporate, Tata Power has been reinforcing the importance of clean and green energy sources. This approval of Clean Development Mechanism (CDM) from UNFCCC stands as a testament to our commitment towards clean and green energy. The project meets all relevant UNFCCC, CDM criteria and all relevant host country criteria as well. The Company has endeavored to lead the reform process for sustainable power and is committed to safeguarding the environment for future generations.”
