Which one of the following statements regarding the Emission Reduction Purchase Agreement signed with the World Bank in May 2011 is not correct ?

• A. The agreement has been signed between the World Bank and the Government of India.
• B. The agreement shall be valid for the 10 years
• C. The agreement is for securing carbon credits for a project of Himanchal Pradesh
• D. As per the agreement, one tonne of Carbon-di-oxide will be equivalent to one credit unit.