CDM country fact sheet: India
This latest fact sheet on the current status of CDM in India provides basic data on 420 registered CDM projects as on May 1, 2009. Shows that Maharashtra is the state with largest number of projects, of which over hundred are renewable energy projects.
One of the features of CDM in India is its large share of unilateral CDM projects, CDM project developed by Indian stakeholders without the involvement (finance, technology) of Annex I countries. Indian project developers implement the project by bearing transaction costs of CDM and taking on the risks of the projects. Therefore, the price of credits issued by
unilateral projects tends to be higher than bilateral or multilateral CDM projects.
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