EnKing International Purchasing Carbon Credits From UNFCCC-CDM Program @ 5 Euros per Credit

INDORE, India, May 20, 2013 /PRNewswire/ --

EKI Energy Services Limited (www.enkingint.org), Asia's largest carbon credits buyer and carbon mitigation projects consulting company, announced that they are purchasing carbon credits by signing a 5-year tenure Emission Reduction Purchase Agreement (ERPA) for Spot or Forward Trading of KP2 Units at the rate of 5 Euros per Certified Emission Reduction.

The Kyoto Protocol is seen as an important first step towards a truly global emission reduction regime that will stabilize GHG emissions, and can provide the architecture for the future international agreement on climate change. During the first commitment period, started in year 2008 and ended in year 2012, 37 industrialized countries and the European Community committed to reduce GHG emissions to an average of five percent against 1990 levels. During the second commitment period, parties committed to reduce GHG emissions by at least 18 percent below 1990 levels in the eight-year period from 2013 to 2020.

The current price at International Exchanges of Carbon Credits issued from UNFCCC-CDM Program is low as compared to what had been experienced in past, but market is still very positive as per the forecasting & analysis shared by energy and environment market experts of EKIESL.

EKIESL is the market leader and has informed that our leaders have made a business tie-up with buyers from Europe to purchase the credits of Kyoto Protocol Phase 2 @ 5 Euros/CER for 5 years.

"We are singing ERPA with the project owner/representative for all credits issued in KP2, regardless whether the project has got registration in KP1/KP2 era," said Manish Dabkara, Managing Director, EKI Energy Services Ltd.

Further Anil Kumar Nayakallu, Due Diligence Officer at EKIESL informed that "EnKing International is the only consulting company in India with Zero Rejection Rate in Carbon Credits Projects Consultation (Validation & Registration / Verification & Issuance). We are getting very good response from Green Assets Owners even before public announcement in India, China & South Africa."

"More and more people, businesses, and investors will reap the benefits of this offer and will promote climate-friendly policies and technologies in developing nations. There is no limit of minimum or maximum credits, project type and geography, to sign ERPA with EnKing International," said Sumeet Singhvi, AGM - Operations, EKIESL.

EnKing International is also a market leader into ISO Certification consulting like ISO 9001, ISO 14001, ISO 50001 & ISO 14064 amongst many other standards and has served many prestigious organizations like MP Police, UP Police, top leading management & engineering colleges, engineering & service enterprises, export and construction houses.  

About EKI Energy Services Limited

EKI Energy Services Limited, India's first public limited company and an ISO 9001:2008 certified organization, works in the field of energy, carbon and quality management, with brand name of EnKing International.

EKIESL is one of the leading firms in India, having more than 400-national and international clientele; with its 5 nationwide offices, headquartered at Indore (MP - India). With a vision of "Making Planet Earth a Green Global Society", EKIESL is delivering services into the categories of R&D, training, consulting and auditing services.

For more information, visit http://www.enkingint.org

Primary Media Contact: Shivani Jhariya, [email protected], 91-8085940555