Agneya Carbon Ventures has undertaken various projects in renewable energy development, carbon management and sustainability consulting. Some of the key projects included preparing detailed project reports and feasibility studies for wind and solar energy projects, assisting clients in renewable energy policy regulations, providing renewable energy certificate services, addressing renewable purchase obligations, developing carbon accounting and management systems, and sustainability reporting. The outcomes have helped clients maximize returns on renewable investments, comply with regulations, and measure and reduce their carbon footprints.

1. Agneya Carbon Ventures agneya
List of Projects1 undertaken by Agneya Carbon Ventures
S.No. Project Client Name Project Details Project Impact
Area
1 Renewable Name: Assisting the honourable Commission in The project outcome is expected to have
Energy amendment of MERC RE Tariff Regulation 2010. impact on
Regulations Details: Agneya has been given a mandate to - Eligibility criteria applied to wind power
assess the impact of MNRE circular removing projects for tariff
Maharashtra
minimum WPD criterion for wind power projects - Wind zone definitions n Maharashtra
Electricity Regulatory
development. This change is a result of - Tariff determination for relevant wind
Commission (MERC) zones
technological advancement in Wind Energy
making less windy sites commercially exploitable. - Operationalization of regulations
Duration:2.5 months including Hub height criteria
2 Techno- Name: Assessment and due diligence of wind Our analysis helped client make a decision
Commercial- energy project sites in Tamil Nadu and on choosing the most feasible wind
Financial Maharashtra energy project sites that will maximize
Feasibility Details: Agneya team carried out the detailed financial returns and minimize the risk to
Surana Corporation
Analysis for techno-commercial and financial feasibility of the the project from various factors.
Limited
Wind Energy wind energy project, technical suitability of the
Projects site, analysis of options for commercialization of
energy – including third party sale and RECs and
recommend most appropriate option to the client.
Duration:0.5 months
1
This list is a snapshot of various projects and assignments Agneya Carbon Ventures has undertaken since its inception. Significant and prominent projects are featured here.
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2. Agneya Carbon Ventures agneya
S.No. Project Client Name Project Details Project Impact
Area
3 Preparation Name: Preparation of DPR for setting up wind DPR helped client to narrow down on
of Detailed energy project of capacity 25 MW available choices for wind energy project
Project Details: Agneya prepared DPR considering the development. Eventually the analysis and
Report for mapping of available wind project sites across five recommendation helped Client in
Surana Corporation
proposed states, comparison of all the sites on parameters choosing the best site for setting up their
Limited
investment in like financial returns, commercial benefits, wind energy project.
Renewable technical risk, developer, regulatory outlook etc
Energy Duration: 0.5 months
4 Preparation Name: Preparation of DPR for setting up wind The outcome of the project was
of Detailed energy project - Wind potential assessment of available
Project Details: Agneya team assessed the wind energy site and micro-siting
Report for potential of available site with effective liaisoning - Recommendation on the suitable
Siddhivinayak
proposed with C-WET and other competent bodies. Further techno-commercial and financial model
Developers
investment in we prepared DPR considering the wind energy to maximize returns from investment.
Renewable potential available and assessed the site on
Energy parameters like – financial returns, commercial
benefits, technical risk, developer, regulatory
outlook etc.
Duration:5 months
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3. Agneya Carbon Ventures agneya
S.No. Project Client Name Project Details Project Impact
Area
5 Renewable Name: Comprehensive REC services for 10 MW The project outcome was
Energy of wind energy project - Project accreditation
Certificates Details: The project involved feasibility of project - Project registration with NLDC
REC registration and issuance, project REC - Issuance of RECs and preparation of
Surana Corporation
accreditation state nodal agency, project REC REC issuance management framework
Limited
registration with NLDC, issuance of RECs and - Trading of RECs
REC trading. Agneya also managed the
Generation Based Incentives – procedures and
modalities for the Client.
Duration:5 months
6 Renewable Name: Comprehensive REC services for 3 MW of The project outcome was
Energy co-generation project - Project accreditation
Certificates Details: The project involved feasibility of project - Project registration with NLDC
REC registration and issuance, project REC - Issuance of RECs
Nava Bharat accreditation state nodal agency, project REC
Ventures Limited registration with NLDC and issuance of RECs
Duration:6 months
7 Renewable Name: Comprehensive REC services for 1 MW of The project outcome was
Energy wind energy project - Project accreditation
Certificates Details: The project involved feasibility of project - Project registration with NLDC
SRS Ispat REC registration and issuance, project REC - Issuance of RECs
accreditation state nodal agency, project REC
registration with NLDC and issuance of RECs
Duration:6 months
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4. Agneya Carbon Ventures agneya
S.No. Project Client Name Project Details Project Impact
Area
8 Renewable Name: Comprehensive REC services for 1.75 The project outcome was
Energy MW of wind energy project - Project accreditation
Certificates Mirra & Mirra Details: The project involved feasibility of project - Project registration with NLDC
Industries REC registration and issuance, project REC - Issuance of RECs
accreditation state nodal agency, project REC
registration with NLDC and issuance of RECs
Duration:6 months
9 Renewable Name: Comprehensive REC services for 4.5 MW The project outcome was
Energy of wind energy project - Project accreditation
Certificates Details: The project involved feasibility of project - Project registration with NLDC
REC registration and issuance, project REC - Issuance of RECs
accreditation state nodal agency, project REC - Trading of RECs
MM Forgings
registration with NLDC, issuance of RECs and
REC trading
Duration:6 months
10 Assessment Name: Addressing Renewable Energy Purchase Our analysis helped BMM to understand
of Obligation for BMM Ispat Ltd. their current and future energy profile and
Renewable Details: The project involved comprehensive find opportunities for energy efficiency
Purchase analysis of current and future energy profile of gains. RPO analysis on technical and
BMM Inspat Limited
Obligation BMM Ispat, given their conventional generation financial parameters provided them with
capacity and future growth plan. Analysis was multiple options to meet RPO – through
carried to assess the total RPO liability for BMM captive consumption of RE, third party
and RE/REC based options to address it. sourcing of RE and RECs procurement.
Duration:5 months
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5. Agneya Carbon Ventures agneya
S.No. Project Client Name Project Details Project Impact
Area
11 Assessment Name: Addressing Renewable Energy Purchase Our analysis helped NBV to understand
of Obligation for NBV Steel division the RPO liability arising out of their captive
Renewable Details: The project involved comprehensive power plants supplying to Ferro Alloys
Purchase analysis to assess the total RPO for NBV’s steel Division. Separate sugestions were made
Obligation Nava Bharat division and various options to address it. to top management to address the RPO in
Ventures Limited Duration: 0.5 months short term and medium term.
12 Carbon Name: Preparation of response for CDP on behalf The project outcome was
Disclosure of GVK Power & Infrastructure Ltd - GVKPIL was ranked 8th among top 200
and Details: Agneya worked with core team to Indian companies in Carbon Disclosure
Reporting develop GHG Inventory of all group companies of Leadership Index (CDLI) by CDP
(CDP) GVKPIL, assessment of climate change related - GVKPIL filed the response to CDP for
business risks and opportunities and preparation the first time
GVK Power &
and filing of response to CDP - GHG inventory of whole GVKPIL was
Infrastructure Ltd
Duration: 1.5 months accounted for 1st time
(GVKPIL)
- CDP report was prepared and
distributed to all stakeholders
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6. Agneya Carbon Ventures agneya
S.No. Project Client Name Project Details Project Impact
Area
13 Carbon Name: Design, develop and implementation of The project outcome was
Management Carbon Accounting and Management System - Chhatrapati Shivaji International Airport
System conforming to ISO 14064-1 at Chhatrapati Shivaji became the 1st airport in India and 2nd
International Airport in Asia to account its Carbon Footprint
Mumbai International Details: Agneya developed comprehensive according to ISO 14064-1
Airport Pvt. Ltd. management system to account, report, monitor - It carried out successful verification
and manage carbon footprint of Chhatrapati audit of its carbon footprint by 3rd party
Shivaji International Airport (CSIA). The - It helped CSIA meet regulatory norms
management system was developed in set by DGCA
conformance with international standard ISO - Agneya developed and implemented
14064-1 web based software tool to measure
Duration: 6.5 months and monitor carbon footprint
14 Sustainability Name: Design, develop and implement The project outcome was
Management Sustainability Management Framework - All the employees of CSIA got
Systems conforming to GRI protocol and Sustainability sensitized with sustainability issues and
Reporting their impact on business
Mumbai International Details: Agneya developed comprehensive - All department of CSIA now have
Airport Pvt. Ltd. management framework to manage sustainability sustainability agenda and framework to
issues pertaining to operations of Chhatrapati manage the business growth
Shivaji International Airport (CSIA). Agneya is also sustainability
developing CSIA’s first Sustainability Development - Key sustainability parameters are
Report (SDR) which is being published along with identified and tracked
Annual Report
Duration: 7 months
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7. Agneya Carbon Ventures agneya
S.No. Project Client Name Project Details Project Impact
Area
15 Carbon Name: Design, develop and implement Carbon The project outcome was
Management Accounting and Management System conforming - Rajiv Gandhi International Airport
System to ISO 14064-1 at Rajiv Gandhi Airport became the 2nd airport in India and 3rd
Details: Agneya developed comprehensive in Asia to account its Carbon Footprint
GMR Hyderabad management system to account, report, monitor according to ISO 14064-1
International Airport and manage carbon footprint of Rajiv Gandhi - It carried out successful verification
Limited International Airport (RGIA). The management audit of its carbon footprint by 3rd party
system was developed in conformance with - It helped RGIA meet regulatory norms
international standard ISO 14064-1 set by DGCA
Duration: 2 months
16 Carbon Name: Design, develop and implementation of - Core team members of the plant are
Management Carbon Accounting and Management framework capable of managing carbon footprint
System at Kandivali Plant of FES division by themselves
Details: Agneya developed comprehensive - Various tools and procedures
Farm Equipment management framework, tool and documents to implemented at plant have successfully
Sector (FES) Division manage carbon footprint of plant. demonstrated carbon management in
Mahindra & Duration: 2 months practice
Mahindra
17 Carbon Name: Assessment of Carbon Footprint of Steel The project led to
Management division of SIL - Carbon footprint of steel division
System Details: Agneya accounted the carbon footprint - Carbon intensity analysis showed need
of steel division, analysis of risks and opportunities for energy efficiency initiatives at plant
Surana Industries due to climate change and assessment of carbon - Risks and opportunities, RPO
Limited footprint reduction options
Duration: 1.5 months
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