The Ministry of Power has launched a report on 'Empanelment of Energy Service Companies (ESCOs)', which aims to promote large-scale implementation of energy conservation and energy efficiency measures in existing facilitates through the ESCO route.
While releasing the report, Power Secretary Anil Razdan informed that the electricity consumption in the commercial sector accounts for nearly 8 per cent of the total consumption in the country and is still increasing at more than 11 per cent per year. He added that this rapid growth is largely on account of the growth of the services sector and the increasing use of energy intensive appliances and technologies.
As regards the efficiency in energy consumption, Razdan stated that Bureau of Energy Efficiency has taken up the task of institutionalising energy efficiency services and promoting energy efficiency delivery mechanism through the development of a platform for ESCOs.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
