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VEDA Climate Change Solutions Ltd

"Mr Satyanarayana’s idea is that it brings together JK’s need for raw material, vacant land that is going to ruin, poor farmers desperate for sustainable income,with  the global demand for industry to offset its carbon emissions, and the World Bank’s commitment to encouraging‘clean development’ initiatives."

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Click The World Bank issued a press release on the occasion of signing of Emission Reduction Purchase Agreement (ERPA) for India-Improving Rural Livelihoods Project  with VEDA and JKPL on 8 May,2007

The five-year project envisages reforestation of 3,500 hectares of degraded lands in these districts. It aims at removing carbon dioxide in these areas and studying how these activities generate high-quality greenhouse gas emission removals that could be measured and monitored.

http://www.thehindubusinessline.com/2007/03/20/stories/2007032004961100.htm