New Delhi: The state-run Energy Efficiency Services Limited (EESL) has partnered with the Ministry of Micro, Small and Medium Enterprises (MSME), the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF) to deploy 35 technologies in MSMEs.
“The project aims to deploy 35 energy efficient technologies that have maximum replication possibility and potential for improving the energy productivity of other MSME units. The project also aims to adopt various business models of Energy Servicing Company (ESCO) where the MSME unit is expected to reimburse the investor for the energy savings monetized over a period of time, “EESL said in a statement.
Managing demand is key to India’s ambitious climate change commitments. EESL, an energy services company (ESCO) is among the early entrants to India’s energy efficiency market estimated at around Rs74,000 crore and currently operates the world’s largest home lighting program. As India rolls out the world’s largest smart meter program for electricity, EESL and IntelliSmart – its joint venture with India’s quasi-sovereign fund National Investments and Infrastructure Fund (NIIF) – have been present in the space of the India’s smart meter program.
“As part of the project, twelve MSME clusters across India have been identified, including the mixed Howrah cluster, in which the identified technologies will be demonstrated. EESL has so far identified 4 technologies applicable to the steel rolling and foundry industries located in the clusters. 3 of the 4 technologies have been successfully demonstrated in the cluster while a technology is being implemented, ”the statement added.
India’s energy efficiency measures have been better reflected in its program to expand the use of LED (Light Emitting Diodes) bulbs. The government program UJALA (Unnat Jyoti by Affordable Lighting for All) has reduced the prices of LED bulbs. CESL also runs the Gram Ujala program which offers the world’s cheapest LED bulbs in rural areas to ??10. While a total of 350 million compact fluorescent bulbs (CFLs) have been replaced by LED bulbs, the goal is to reach 770 million bulbs.
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