Bartronics India Ltd enters into MoU with RenewCred

Bartronics India Limited ("BIL") has entered into a Memorandum of Understanding ("MoU") with Net Zero Initiative Private Limited ("RenewCred").

The MoU expresses the mutual intent of both parties to explore opportunities for largescale sustainable agriculture and carbon credit generation by leveraging BIL's farmer network and Net Zero Initative's technology platform. The collaboration will focus on:

- Developing a transparent carbon credits standard and registry supported by blockchain and digital MRV systems;

- Deploying IoT, machine learning, drone surveys, and satellite monitoring for real-time farm-level assessment;

- Promoting regenerative agriculture, agroforestry, climate-smart inputs, and farmer training programs;

- Generating credible, high-quality carbon credits and channeling proceeds to farmers for supplemental income;

- Engaging in collaborative research and innovation for sustainable agriculture and carbon reduction projects.

The MoU is non-binding and exploratory in nature. It does not confer any special rights or create any binding obligations, partnership, joint venture, or agency relationship.

Source : Equity Bulls

Keywords

BartronicsIndia MoU NetZeroInitiative RenewCred