Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » From hawk-eye to monitor water bodies to building carbon credits: Nabcons’ tech push
    Carbon Credits

    From hawk-eye to monitor water bodies to building carbon credits: Nabcons’ tech push

    userBy userMay 27, 2025No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Yandra Haragopal, Managing Director, NABCONS

    Yandra Haragopal, Managing Director, NABCONS

    Nabcons , the consultancy arm of the National Bank for Rural and Agriculture Development (Nabard), is bringing in AI technology, GIS and open source solutions to promote sustainable agriculture and maintain water bodies in different States.

    While it rolled out an AI-based hawk-eye for Tamil Nadu to help the State monitor its water bodies in and around Chennai, it is building a SaaS (software-as–a-service) model for Digitisation of Bihar State Milk Co-operative Federation Ltd (Comfed) project to design, develop, implement, and digitisation of dairy receivables of the milk farmer unions and units, according to Yandra Haragopal, Managing Director of Nabcons.

    “In Kerala, we have build Kathir (previously Kerala Krishi Hub), which an integrated digital agriculture platform to enhance various aspects of farmers and the department. It is designed to assist the entire agricultural ecosystem, including farmers, departments, vendors, and surveyors,” he said.

    Detect encroachments

    The Tamil Nadu Single Window for Integrated Waterbody Protection provides a real-time health monitoring of the waterbodies and help the authorities detect encroachments using satellite imagery and flag the violations with authorities concerned.

    Built within a GIS framework, the platform provided tools to search, access, visualise, analyse and understand data for planning, assessment and sustainable management of water bodies in Chennai, he told businessline.

    “It assists in monitoring water levels, especially during incidents of sudden rain and indicates potential threats to populations,” Haragopal said.

    He said the firm contracted an all-time high business from diversified sectors with a value of ₹316 crore as against the target of ₹250 crore. It registered a revenue of ₹247 crore against the target of ₹195 crore, showing a growth of 25 per cent. The profit before tax stood at ₹28.66 crore.

    The consultancy company is also doing a carbon credit pilot programme in the Kolar district of Karnataka in association with Rabo Bank.  It is specifically aimed at small and marginal farmers in an agroforestry model.

    “The goal is to help farmers monetise the carbon sequestered in their plants, as they are often unaware of this potential benefit. Rabo Bank has developed a platform called ACORN platform for this purpose,” he said.

    “Unlike traditional carbon credits in the renewable sector, this framework deals with Carbon Removal Units (CRUs). These CRUs are determined using satellite images and ground truthing (verifying the claims) and are sold from Rabo Bank’s platform to global corporates. There is no secondary market for these CRUs,” he said.

    Published on May 27, 2025



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBaker McKenzie Advises on Record Carbon Deal with Microsoft
    Next Article £5k invested in the highest-yielding FTSE 100 stocks could make this much passive income…
    user
    • Website

    Related Posts

    The Carbon Credit Tokenization Patent, issued Friday June 20th, Pioneers a Scalable, Stablecoin AI-Driven Blockchain Platform for Generating, Trading, and Monetizing Carbon Credits

    June 23, 2025

    Singapore Releases Guidance for Use of Carbon Credits to Meet Decarbonization Goals – ESG Today

    June 23, 2025

    Over 100 Western Officials Demand End To 45Q Carbon Capture Credit

    June 23, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d