It was heartening to see the Government of India take a strong stand on Climate Changein spite of the announcement by the United States of America that it would pull out of theUnited Nations Framework on Climate Change (UNFCC). Our country has well and truly arrivedas a Global Leader in taking serious steps to combat the hazards posed by Climate Change.India now ranks on par with its European counterparts in setting standards on reducingcarbon emissions. We must complement the efforts of the Government of India by beingeconomical in our power consumption and reducing our carbon footprint at the household andindividual level.
The market for Energy Efficiency products and services picked up some momentum duringfiscal 2017 as compared to previous years. This was largely due to the increased spendingof some forward looking State Governments with their result focused projects. As acompany we made a beginning in the LED retrofitting market by implementing a 6200luminaries project in one Nagar Palika in Gujarat. We hope to implement more such projectsin the coming years.
As the Indian Economy moves towards being more transparent and tax efficient thebusiness ecosystem is also undergoing a change for the better. As someone who has had aringside view of the Public Private Partnership business model and its evolution I am nowreasonably confident that the model has sufficiently matured and that private companiessuch as ours will benefit from the Good Governance models being put in place.
As per my annual practice I would like to wish all members and EENDIANS (EnergyEfficient Indians) all the very best for the coming festival season.
Enjoy Responsibly. Save Power. Save the Earth.
Yours in Energy Efficiency