Signing of a memorandum of understanding to make Ladakh carbon neutral, Auto News, ET Auto
New Delhi: The clean energy company Convergence Energy Services has partnered with the Ladakh administration to make the Union territory carbon neutral.
Under a memorandum of understanding signed between the two, various clean energy and energy efficiency programs will be implemented.
“Starting with a pilot project in the Zanskar Valley region, CESL will adopt solar mini and micro grid solutions, energy efficient lighting, energy storage based solutions, efficient stoves and solutions. of electric mobility in UT.
“CESL will build the EV ecosystem for UT, focusing on EV charging infrastructure that will use renewable energy sources, and electric vehicles that are tested for high altitudes,” the company said.
According to CESL, the program will be based on innovative economic models, using carbon credits.
“The Ladakh UT administration will support CESL by investing in projects, including the pilot, and will also assist in the business development of various Convergence clean energy and sustainability programs.
“Based on the feasibility and results of the program in Zanskar, other areas will be allocated to CESL. Ladakh Autonomous Hill Development Council, Kargil or Leh, will provide the necessary land in the respective areas of the council, for the implementation of clean energy projects. “, added the company.