The programme involves enrolling a thermal storage capacity of over 15,000 transmission hours to achieve load shift of over 3.6 million units from peak to off peak hours.
It also involves re-opening its AC and refrigerator exchange programs, which will help reduce energy consumption up to 50 per cent by launching energy efficient refrigerator exchange programme.
The refrigerator and AC exchange programme are part of its 'My Mumbai green Mumbai' campaign.
Executive Director Padmanabhan said on the occasion "there was a huge difference between peak load and off-peak load in the city and thermal energy storage incentive programme will not only support our consumers to bring down the peak power requirements but will offer monetary benefit on each unit of electricity shifted from peak hour to off-peak hour as an incentive".
"This programmes will not only help the consumers with additional incentive but also help the overall power system to bring down the peak power requirements," he added.
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
