India has emerged as the world’s fastest growing telecom market in recent years. Increasing subscribers’ base and penetration in remote areas require expansion of infrastructure. More than 100, 000 base stations have been erected on Indian soil in last 15 months which have made total number to cross 300,000. A large number of these base stations are run on diesel generators. These diesel generators consume more than 2.12 billion litres of diesel and emit 5.61 million tons of carbon annually. There is a huge scope to earn carbon credits from these base stations as many operators are switching to renewable energy resources like solar, wind or hybrid. If all the players in the telecom market come together and form an alliance to go for CDM Programme of Activities (PoA), it can bring in billions of dollar in the Indian economy from the sale of CERs. At the same time it will help in reducing the carbon footprint of the sector. This CDM PoA can also be replicated in other developing countries like China, Indonesia, Sri Lanka, Pakistan and Bangladesh where telecom sector is growing rapidly.