This Company Powers India's 1st Carbon Credit Payments to Dairy Farmers via NDDB, Presented by Hon’ble Union Minister of Home and Cooperation - Shri Amit Shah

The payments to dairy farmers for carbon credits not only provide additional income but also reinforce the significance of environmentally friendly practices in agriculture.

In a landmark event for the dairy industry of India, dairy farmers from Rajasthan and Assam received first-ever payments from carbon credits accrued due to carbon credits generated with the support of EKI Energy Services Ltd (EKI) under the manure management program of the National Dairy Development Board (NDDB) and Sustain Plus Energy Foundation (SPEF) in Anand, Gujarat.

The momentous occasion was that of NDDB's Diamond Jubilee celebrations graced by esteemed guests, including Shri Amit Shah, Honourable Union Minister of Home Affairs and Cooperation, who also did the distribution of the carbon credit money to the farmers. Shri Rajiv Ranjan Singh, Honourable Union Minister of Fisheries, Animal Husbandry & Dairying and Panchayati Raj; Prof. SP Singh Baghel, Hon’ble Union Minister of State for Fisheries, Animal Husbandry & Dairying and Panchayati Raj; Shri George Kurian, Hon’ble Union Minister of State for Fisheries, Animal Husbandry & Dairying and Minority Affairs were also present along with Shri Raghavjibhai Patel, Hon’ble Minister of Agriculture, Animal Husbandry, Cow Breeding and Fisheries, Government of Gujarat and Shri Jagdish Vishwakarma, Hon’ble Minister of State for Cooperation, Government of Gujarat, Ms. Alka Upadhyaya, Secretary, Department of Animal Husbandry & Dairying, GoI and Dr Meenesh Shah, Chairman, NDDB at the occasion. This marked a revolutionary advancement in sustainable agriculture and farmer-centric initiatives held at the NDDB's Diamond Jubilee celebrations.

EKI played a crucial role in this achievement by providing end-to-end support for the registration, verification, and trading of carbon credits within the NDDB's Biomethanation program. Through our collaboration with NDDB and SPEF’s Manure Management Programme, more than 1,000 dairy farmers from 9 locations across 7 states are now reaping the financial rewards of their sustainable practices, receiving payments that bolster their income and livelihoods, while also catalysing India's net zero transition. EKI is also committed to collaborate with NDDB for future projects that NDDB is planning to execute.

The payments to dairy farmers for carbon credits not only provide additional income but also reinforce the significance of environmentally friendly practices in agriculture. EKI said it is proud to lead the charge in carbon credit monetization in the dairy sector, paving the way for a greener, more sustainable future for India's farmers.

Biomethanation: Biomethanation is a process that converts organic waste, like manure, agricultural residues, or food waste, into biogas through anaerobic digestion (decomposition without oxygen). This biogas consists mainly of methane (CH₄) and carbon dioxide (CO₂) and can be used as a renewable energy source for electricity, heating, or as vehicle fuel. The process also yields digestate, a nutrient-rich by product used as fertilizer. Biomethanation is valuable for waste management, reducing landfill use, and lowering greenhouse gas emissions. By turning waste into energy, it also reduces dependence on fossil fuels and supports sustainable energy goals.

About the Company

EKI Energy Services Ltd., a pioneering force in the realm of carbon mitigation, is a leading developer and supplier of carbon offset projects worldwide. A notable achievement includes being the first Indian company to list a plastic project with Verra, a prestigious global accreditation standard. Since its inception in 2008, this BSE-listed company has been relentlessly dedicated to creating a sustainable future by reducing carbon emissions. EKI offers a comprehensive suite of climate solutions, including carbon credit generation, supply, and offsetting, carbon footprint management, sustainability audits, and carbon neutrality initiatives. Adhering to global standards like CDM, VCS, Gold Standard, and more, EKI empowers businesses and organizations to achieve their climate goals. With a global reach spanning 16+ countries and a clientele of 3500+ customers across 40+ nations, EKI has delivered over 200 million carbon offsets to date, making a significant impact on climate resilience and sustainable development.

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Disclaimer: The article is for informational purposes only and not investment advice.