Mumbai, India – December 20, 2024 : CREDAI-MCHI, the apex body representing the
real estate industry in the Mumbai Metropolitan Region (MMR), has entered into
a Memorandum of Understanding (MoU) with Mahatma Phule Renewable Energy and
Infrastructure Technology Limited (MAHAPREIT), a Government of Maharashtra
Undertaking. This initiative seeks to address air emissions and chart a roadmap
for decarbonization and achieving net-zero emissions in the construction
industry.
The partnership focuses on evaluating the impact of construction activities
on air quality, promoting improved construction techniques, and creating a
framework to mitigate the environmental footprint of the sector. Under the MoU,
a detailed study will be conducted to assess air emissions and greenhouse gas
(GHG) emissions from construction activities and operational buildings. These
findings will be disseminated to stakeholders to foster awareness and
actionable insights. Additionally, the roadmap will emphasize eco-friendly
construction practices and outline decarbonization targets while training
stakeholders to implement these practices effectively.
Mr. Domnic Romell, President of CREDAI-MCHI highlighted, “This
collaboration underscores our commitment to sustainable development in the
construction sector. By working with MAHAPREIT, we aim to set new benchmarks
for environmental responsibility and create a robust roadmap for reducing
emissions and achieving Net Zero targets,”
Shri Bipin Shrimali, Managing Director of MAHAPREIT emphasized
the organization’s commitment, stating, “As a Government of Maharashtra
undertaking, MAHAPREIT is committed to fostering sustainable infrastructure
practices. Through this partnership with CREDAI-MCHI, we aim to identify
actionable solutions for decarbonization and create a greener future for the
construction industry.”
The roles of both organizations are clearly defined under this
collaboration. CREDAI-MCHI will provide access to construction sites,
collaborate on analyzing technological studies, and execute joint initiatives
aimed at achieving Net Zero goals. MAHAPREIT, leveraging its technical
expertise, will identify pollution sources, conduct assessments, and provide
guidance on sustainable practices.
This MoU, valid for 12 months, is a non-financial agreement,
highlighting the shared vision of environmental and sustainability goals
through joint efforts.
The agreement marks a pivotal step toward building a sustainable and
eco-conscious construction ecosystem, benefiting both the environment and the
wider community.
About MAHAPREIT
Mahatma Phule Renewable Energy and Infrastructure Technology Limited is
a wholly Subsidiary Company of Mahatma Phule Backward Class Development
Corporation (MPBCDC), Government of Maharashtra State PSU. MAHAPREIT having
objectives to establish and carry-on business of Generating, Trading,
Operating, Leasing and Renting Renewable Power Projects, mainly but not limited
to Solar Power Projects including Solar Parks along with sub-stations and
transmission lines on ownership and/or build, own, and transfer basis. Further
objects are to establish and/or carry on business in relation to
Decarbonisation and energy efficiency, battery storage solutions, alternative
fuel cell technology and climate change issues in accordance with Ministry of
New and Renewable Energy (MNRE) schemes/policies or Ministry of Power or any
such department of Govt of India (GoI) and its PSU/companies and Govt of
Maharashtra (GoM) Energy dept’s Renewable Energy Policy as amended from time to
time and all incidental and allied activities required for such business.
Website - https://mahapreit.in/page/mahapreit
Facebook - https://www.facebook.com/mahapreit
Instagram- https://www.instagram.com/mahapreit/
YouTube- https://www.youtube.com/channel/UC6mkep2n14fiMXZkCWKynEA
LinkedIn - https://www.linkedin.com/company/mahapreit
ABOUT CREDAI-MCHI
CREDAI-MCHI is an apex body comprising members from the Real Estate
Industry in the Mumbai Metropolitan Region (MMR). With an impressive membership
of over 1800+ leading developers in MMR, CREDAI-MCHI has extended its reach
throughout the region, establishing units in various locations such as Thane,
Kalyan-Dombivli, Mira-Virar, Raigad, Navi Mumbai, Palghar-Boisar, Bhiwandi,
Uran-Dronagiri, Shahapur-Murbad, and most recently in Alibag,
Karjat-Khalapur-Khopoli, and Pen. Being the only Government-recognized body for
private sector developers in MMR, CREDAI-MCHI is dedicated to promoting the
industry’s organization and progress.
As a part of CREDAI National, an apex body of 13000 developers across
the nation, CREDAI-MCHI has emerged as a preferred platform for regional
discussions on housing and habitat by establishing close and strong ties with
the government. It is committed to breaking barriers to create a strong,
organized, and progressive real estate sector in the MMR.The vision of
CREDAI-MCHI is to empower the Real Estate fraternity of the Mumbai Metropolitan
Region as it preserves, protects, and advances the right to housing for all. To
continue being a trusted ally, guiding their members, supporting the Government
on policy advocacy, and assisting those they serve through the ever-evolving
real estate fraternity.
Website: https://mchi.net/
For further media queries, please contact:
Sonia Kulkarni | 9820184099
sonia.kulkarni@hunkgolden.in