The proposed project titled under UCR is “8.4 MW Bundled Wind Power Project by Meghmani Organics Limited”, a Wind Power project located in the state of Gujarat (India). The renewable power generation activity which incorporates operation of 4 Wind Turbine Generators (WTGs) of 2.1 MW each, having total capacity 8.4 MW. Through utilization of renewable power at the manufacturing unit, the project activity would be displacing equivalent quantum of grid electricity resulting in emission reductions.
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UCR enables the flow of environmental finance directly, to those who can least afford it- the small rural green project owner. UCR enables true carbon and water price discovery based on the utility of the underlying asset and assists in creation of non-fungible carbon and water offset tokens that can be seamlessly integrated into any smart contract or blockchain ecosystem seeking to negate its carbon or water footprint or showcase ESG credentials
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