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.
