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Aid-backed hydro project in India sells carbon credits

Development Today

May 29, 2007

An aid-financed Norwegian hydro company, SN Power, will earn carbon credits from its hydro project in northern India, according to the Nordic aid monitor, Development Today. The 192-megawatt Allain Duhungan hydropower project in northern India received UN approval as a CDM project on May 17.

www.development-today.com

To read more about the carbon credit boondoggle, read here

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