V.O. Chidambaranar Port Authority has commenced carbon credit generation from its renewable energy assets, marking a major step in aligning sustainability with financial performance.
The port has registered five renewable energy projects with a combined capacity of 12.4 MW, including rooftop solar, ground-mounted solar plants, and wind energy installations. These projects are expected to generate around 19,483 carbon credits over the next decade, with an estimated revenue potential of nearly ₹50 crore.
The initiative is being driven under the broader vision of Narendra Modi and strategic guidance from Sarbananda Sonowal, positioning the port as a leader in green maritime development.
Chairperson Susanta Kumar Purohit said the move demonstrates that environmental sustainability and economic viability can go hand in hand. He added that revenue from carbon credits will be reinvested into future-ready green infrastructure, including green hydrogen and alternative fuel ecosystems.
The initiative aligns with the government’s Maritime India Vision 2030 and supports the development of a domestic carbon trading ecosystem under the Carbon Credit Trading Scheme.
Located in Tuticorin, VOC Port continues to strengthen its position as a key gateway for southern India, while advancing its ambition to become a global model for sustainable and technologically advanced port operations.
