Base Carbon Announces India ARR Project Expansion Options

Core Viewpoint - Base Carbon Inc. has acquired additional expansion options for its India Afforestation, Reforestation, and Revegetation Project, enhancing its capacity to generate carbon credits and align capital commitments with operational timing [1][3][4]. Expansion Options - The company has secured two contractual options to expand the India ARR Project at no additional cost, allowing for the planting of 20 million additional trees and the purchase of associated carbon credits under similar economic terms as the initial project [3][4]. - These options can be exercised over the full 20-year duration of the current project life, further strengthening the company's existing rights related to project expansions initiated by its partner, Value Network Ventures Pte. Ltd. [3][4]. Project Development - The India ARR Project focuses on afforestation and reforestation of degraded rural farmlands in Uttar Pradesh, with 6.5 million trees planted by the end of 2024 [4][5]. - The project has been submitted to the carbon credit registry Verra for validation, with the first issuance of carbon credits expected in the first half of 2026 [4][5]. Financial Commitments - As of now, approximately US$6.7 million of the US$13.6 million committed to the initial project has been deployed, with US$6.0 million considered maintenance capital [5]. - About US$4.0 million of the maintenance capital is anticipated to be funded through initial sales of carbon credits generated by the project [5]. Community Engagement - The project is designed to meet the needs of local farming communities, involving high levels of stakeholder engagement and feedback [6]. - It includes the planting of over 16 different species of trees, providing food security and income-generating opportunities for local families [6]. Investor Town Hall - The company will host an investor town hall on September 30, 2025, to provide a business update and respond to investor questions [2][7][8].