Eureka Forbes signs pact with CarbonSoft to provide carbon credit revenue to support distribution of Eurodiya solar lamps

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Eureka Forbes signs pact with CarbonSoft to provide carbon credit revenue to support distribution of Eurodiya solar lamps

Greentech Lead India: CarbonSoft, a carbon credit
aggregator, has inked an agreement with Eureka Forbes, a supplier of household
goods, to provide carbon credit revenue to support the distribution of its
Eurodiya solar lamps in south India.

“We are proud to be working with one of India’s
household names in Eureka Forbes. This partnership is a great example of how
the CarbonSoft platform enables large organisations to connect carbon credits
with communities,” said Sebastian Foot, CarbonSoft’s Founder and Managing

The program will support a global movement to reduce the
burning of kerosene for lighting and is part of the objectives outlined by UN
Secretary General Ban Ki-Moon as he launched the International Year of
Sustainable Energy For All in 2012.

More than 1.3 billion people worldwide live without
electricity and often burn kerosene fuel for lighting. These lamps are
dangerous, expensive and release approximately 190 million tonnes of carbon
dioxide into the air each year – the equivalent of 30 million cars – according
to Nokero.

The new program enables Eureka Forbes to sell 158,000 of
their economical, durable and environmentally-friendly lights to households in
Karnataka, Andhra Pradesh, Tamil Nadu and Kerala, southern India. The contract
will run for seven years, to 2018.

CarbonSoft has calculated that this project will prevent
more than 80,000 tons of carbon dioxide emissions being released into the
atmosphere, generating the same number of carbon credits. This will subsidise
the cost of the lights for end-users, making them more affordable to the
poorest households.

“The initiative would reduce poverty and provide off-grid
light and would definitely boost the economic development and lifestyle in the
rural communities,” said A.V. Suresh, CEO Forbes Pro, Eureka Forbes.

Eureka Forbes ties up with Nokero to launch solar energy
products in India

Eureka Forbes, a leading water purification company in India,
has launched solar energy based products in the country.

The newly formed brand will focus on solar lamps as the
first introduction and product offering by the company.

With the launch of EuroDiya, Eureka Forbes adds a new
channel in its product portfolio diversifying across water purification, vacuum
cleaning, home security, air purification and now solar products.

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