With the aim to augment the use of energy efficiency solutions in the industry sector, Energy Efficiency Services Limited (EESL) has signed an agreement with Bureau of Energy Efficiency (BEE), to demonstrate Energy Efficiency Projects (DEEP) in different industrial units of various sectors, notified under PAT scheme of BEE.
The agreement is signed under the PAT Scheme to improve the energy efficiency in the industry sector through demonstration of energy efficient technologies. To execute the project, BEE has provided a grant of INR 64 crore to EESL for the deployment and large-scale implementation of energy efficiency measures in the industry sector. The phase I of the project is expected to complete by January 2023.
Under this association, EESL and BEE, under the guidance of Shri Vivek Kumar Dewangan, Additional Secretary and Director General, BEE will collaboratively work towards the demonstration of innovative energy efficiency projects and their upscaling. This will lead to improved productivity and efficient operations, which in turn will enable achievement of sustainability goals. The project will be implemented in two phases, the phase-I will demonstrate about eight innovative energy efficient technologies in 27 Designated Consumers, while phase-II will aggregate the demand for the successful demonstrated technologies across the sectors.
Commenting on the partnership, Venkatesh Dwivedi, Group Executive Director, EESL said, “It has become vital to implement energy efficiency solutions across different sectors in order to move towards a sustainable future. This partnership will tap into the immense potential for energy efficiency in the industrial sector. Our expertise in market transformation of energy-efficient technologies and managing the largest energy efficiency programmes, in tandem with policy support from BEE will enable considerable energy savings and environmental benefits.”
Speaking on the partnership, Dr. Ashok Kumar, Deputy Director-General, Bureau of Energy Efficiency, said, “We welcome the collaboration with EESL, as their expertise in energy efficiency, will help in deploying effective and energy saving projects. This MoU will go a long way in implementing various energy efficiency measures in the PAT sector while synergising the strength and expertise of both the organizations. We are happy to be part of this energy efficiency endevour and in contributing in national emission reduction goals under NDCs”.
Animesh Mishra, Head PR and Sales, EESL said on the occasion, “This agreement is a positive step ahead towards empowering MSMEs & integrating energy efficient practices in a capital-intensive industries. EESL and BEE share a longstanding relationship and strong foundation. Through this partnership, we are hopeful towards exhibiting significant results in terms of improving energy productivity and reducing India’s carbon footprint”
Through this partnership, EESL and BEE will jointly work under the aegis of Ministry of Power towards supporting the PAT industries by creating an enabling ecosystem, which will not only help them in meeting their allocated Specific Energy Consumption (SEC) reduction targets under the PAT scheme, but also facilitate the market transformation for innovative technologies. Both organizations recognize the importance of improving energy efficiency in the industrial sector through demonstration of energy efficient technologies. EESL and BEE together, will build up the market for scaling up of these energy efficient technologies through the creation of proof-of-concepts, knowledge-sharing, capacity building and collaboration with partners such as ESCOs and vendors.