Case study on neyveli lignite corporation limited
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Coal based thermal power plants are the major sources in India to meet the ever increasing demand for power and as such there is a need to address the issue of controlling climate pollution by mitigating Green House Gases (GHG) from their emission stack. Technologies like carbon capture and storage (CCS) are widely considered to be a possible technical option to mitigate carbon dioxide from such large-point source. However, the economics of CCS is a major barrier and constrain. This thesis intended to evaluate the feasibility of the carbon credits which can be generated to refinance the costlier schemes of climate pollution control in Thermal Power Plants, through a case study. Neyveli Lignite Corporation Limited (NLC) is a major coal based thermal power plant having three complexes with 18 numbers of units with a net power generation capacity of 2490 MW. 2014-2015 Power Generation (MU) 19729.13 Annual data as well as the concentration of GHGs, primary, CO2 with Methane (CH4) and Nitrous Oxide (N2O). India can develop Clean Development Mechanism (CDM)
project under Kyoto protocol (KP). Any attempt by NLC to “cap and tap” the emission will enable to develop a CDM project which will eventually generate Certified Emission Reduction (CER). NLC can process the CER under United Nations Framework Convention on Climate Change (UNFCCC) for Carbon Credits and whose selling revenue will eventually offset significantly the required revenue for implementing CCS toward climate pollution control. Intergovernmental panel on climate change (IPCC) Methodology tool Inventory Software , version 2.17 was used evaluate GHG and it was assessed that net CER of 7195,201 ton CO2 equivalent is possible and this additional revenue will strategically allow NLC to venture upon technologies like CCS for preventing climate pollution.