ITC Sonar is the only building
project in the world that is currently generating carbon credits for
its sustainable practices, writes Raktima Bose
An Indian building has set a trend in
energy conservation and found a place in the United Nations
Environment Programme’s Clean Development Mechanism and the Building
and Construction Sector Report, 2008. As the report mentions, it has
earned the distinction of being the only project in the building
sector in the world that is currently generating Certified Emission
Reduction (CERs) issued under the aegis of the United Nations
Framework on Climate Control Convention (UNFCCC).
Spread on 16 acres of lush green land
and dotted with ponds, ITC Sonar, owned by the ITC-Welcomgroup,
comes across as a soothing building amidst a concrete jungle of
high-rise buildings in its neighbourhood.
This building proves that the realty
sector can not only contribute to the reduction in the green
emission gas but also earn carbon credits that can be traded in the
world market enhancing its profitability.
The CER is a unit of green house gas
emission (one CER is equivalent to one tonne of carbon dioxide
emission) that can be achieved by a Clean Development Mechanism (CDM)
project and certified under the provisions of Article 12 of the
Kyoto Protocol.
Built in 2003, ITC Sonar started
preparations for enlisting itself with the CDM a year later and
finally got registered as a CDM project in 2006.
In the very year of the hotel getting
registered, 1886 tonnes of CERs were verified by the Designated
Operational Entities (DOEs) of the UNFCCC to be sold in the
international market and earned the hotel a revenue of Rs. 14.7 lakh.
“Following the footsteps of the
company’s commitment of contributing to the ‘triple bottom line’ of
economic, social and environmental capital of the country, we
embarked on the project of energy conservation as well as reaping
benefits out of it,” said Tarun Chattopadhyay, chief engineer of ITC
Sonar, who has supervised the entire project since its inception.
Applying the three concepts of reduce,
reuse and recycle, cent percent recycling of the sewer and effluent
water through in-house sewerage treatment plant, earning zero
discharge status of the hotel and water harvesting are some of the
unique features adopted by the hotel to cut down on energy
consumption.
Electricity usage
Mr. Chattopadhyay said that special
emphasis on usage on low E glass was given during the building’s
construction, which allows maximum light to come through it but
arrests about 20 per cent of the thermal energy thus keeping the
rooms cooler. “In the process, we can cut down on the electricity
usage,” he added.
Around 25 dedicated employees of the
hotel help keeping the systems working round the clock. They also
maintain relevant data to show to the UNFCCC verifiers at the end of
the year.
The hotel uses non-chloro fluoro carbon
(CFC) refrigerates like R-134 and R-404 in the air conditioners to
stop ozone layer depletion by the emission of the CFC.
Imported pre-cooled air unit (PAU) pipes
in the air conditioning and ventilation systems, reduce the load on
the chillers and in the process save energy.
Apart from the above measures, energy
generated from solar panels is used for hot water generation and
lighting purposes, light emitting diode (LED) lights are used and
developing plantations under the supervision of specialist
horticulturists are also done.
Though the hotel authorities had
envisaged saving about Rs. 83 lakh per year through the project,
savings in the year 2007, as verified by the UNFCCC, has been Rs.
54.42 lakh.
Mr. Chattopadhyay pointed out that CDM
projects reap benefits on a long-term basis and therefore should not
be made equivalent to short-term investment benefits.
“Electricity bill in the financial year
of 2007-08 was Rs. 5.8 crore when the hotel’s overall business was
more than Rs. 100 crores against the bill amounting to Rs. 7 crore
in the year 2004-05 when the total business was around Rs. 38 crore,”
he pointed out.
He said that price of CER is expected to
rise dramatically in the coming years as more and more developed
countries would queue up to buy carbon credits to fulfil their
promised quota of emission-cut.
“Not only have the energy conservation
initiatives helped reduce the environmental footprint of the
property and earned tremendous goodwill from all stakeholders but
also opened the door for the entire services sector to invest in
clean development mechanisms and support global effort in mitigating
adverse effects of climate change caused by global warming,” said
Ranvir Bhandari, general manager. In Kolkata, two more new buildings
– one owned by the information technology-based company Technopolis
and the other owned by the West Bengal Green Energy Development
Corporation (WBGEDC) – have already applied for issuance of CER by
the UNFCCC.
S.P. Gon Choudhury, director of WBGEDC,
said: “More such buildings should come up in the city to make it
cleaner and greener.”