EESL to invest Rs 1,000 cr by 2020 under buildings programme

Image
IANS Mumbai
Last Updated : May 20 2017 | 6:32 PM IST

The Energy Efficiency Services Ltd (EESL, on Saturday said it would bring investment to the tune of Rs 1,000 crore covering more than 10,000 large government or private buildings in next 2-3 years as part of the Energy Efficient Buildings programme.

UnionPower, New and Renewable Energy, Coal and Mines Minister Piyush Goyal launched the programme here, in the presence of Maharashtra PWD Minister Chandrakant Dada Patil.

EESL, a JV under the administration of Union Power Ministry, also signed a MoU with PWD Maharashtra to retrofit 1,500 buildings under PWD in Maharashtra with energy efficient appliances.

It is estimated that about 1 crore LED lights, 15 lakh energy efficient ceiling fans and 1.5 lakh energy efficient ACs will be retrofitted by EESL in these buildings.

"The National Buildings Energy Efficiency programme has the potential to reduce not only cost and energy consumption but significantly contribute to management of peak demand," Goyal said.

He also inaugurated National Building Dashboard which will allow the public to access real time information on the energy and monetary savings along with the CO2 emissions through the retrofitting in the buildings across the country.

Goyal said the National Building Dashboard is also an effective tool to not only measure savings real-time but demonstrate the transparency in implementation of projects.

--IANS

bdc/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 20 2017 | 6:26 PM IST

Next Story