The Hyderabad-based Lanco Group has announced the registration of two of its hydro projects as Clean Development Mechanism (CDM) projects with the United Nations Framework Convention on Climate Change (UNFCCC) based in Geneva. These two projects will generate an additional 35,000 Certified Emission Reductions (CERs) per annum, taking the total Group CER tally to 1,10,000. The two projects, 5 MW Baner III and 5 MW Iku II on the Beas River, are the first hydro projects of Lanco to be registered as CDM projects.

The projects, which are under construction, are expected to be commissioned by 2008. These two projects will generate approximately 35,000 CER per annum. Lanco's existing biomass and wind projects have already been registered as CDM projects with 75,000 CERs per annum. The company is also in the process of registering its other renewable energy projects. The Lanco Infratech Chairman, Mr L. Madhusudhan Rao, in a statement said: "Lanco is one of the first Indian corporate to get its projects registered as CDM projects with UNFCCC. "