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EKI Energy Wins Consultancy Services Contract for Varanasi Smart City

Global carbon credit developer and supplier EKI Energy Services Ltd (EKI) has secured the consultancy services contract of Varanasi Smart City.

September 01, 2022. By Manu Tayal

Global carbon credit developer and supplier EKI Energy Services Ltd (EKI) has secured the consultancy services contract of Varanasi Smart City.
 
Under the contract, the carbon credit specialist would help Varanasi Smart City to monetize its greenhouse gas (GHG) reduction projects for high-quality carbon credits, development and management of green projects with the best capabilities for maximum GHG mitigation that will enable Varanasi Smart City to get project accreditations under preeminent international standards including - VCS (Verified Carbon Standard) / GS (Gold Standard) / GCC (Global Carbon Council) / IREC (International - Renewable Energy Certificates) amongst others.
 
Commenting on winning the contract, Manish Dabkara, CMD & CEO of EKI Energy Services Ltd, said, “This win is yet another testimony for our continued commitment to deliver world class services to our partners as we enable them to make their climate projects profitable. We help our partners to realize additional revenues that can be further utilized for increased green project development or other community welfare initiatives in the country. We promise to continue our endeavor to build a sustainable tomorrow as we steer a planet to a net-zero future”.
 
On the partnership with EKI, Dr D Vasudevan, Chief General Manager, Varanasi Smart City Limited said, “EKI is a renowned brand in the realm of carbon credits not only within India but globally. We are happy to on board EKI as our climate project enablers and are confident of their ability to help us manage all our sustainability projects for maximum climate financing with which we can support and fund multiple other welfare and developmental initiatives that we have in Varanasi. We look forward to a long-term association with EKI and to together enable the country to strive ahead in its quest to become net-zero by 2070 as committed at COP26”.

Under the contract, EKI would offer its comprehensive bouquet of strategic consultancy services for the end-to-end management of all the GHG mitigation projects of Varanasi Smart City starting from the feasibility assessment of projects to its validation & registration and finally its verification for the generation of high quality GHG carbon credits that can be monetized in global markets for additional revenues.
 
The company said that it continues to enable other smart city projects across the country including the Indore Smart City Development Ltd. (ISCDL), Ujjain Smart City, Visakhapatnam Smart City, Municipal Corporation of Tirupati, Surat Smart City and Bhubaneshwar Smart City.
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