Published on 11/08/2017 5:33:26 PM | Source: Dion Global Solutions Ltd

Government energy efficiency scheme to enable Rs 1000 cr investment by 2020

Posted in | #Industry #Government #Piyush Goyal #Power Minister


In a bid to save energy, Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, to assist various ministries and departments to retrofit energy efficient appliances in all their premises across the country, according to a statement released by the Ministry of Finance. Currently, EESL is the implementation agency for the Buildings Energy Efficiency Programme, which was launched in May 2017 by Minister of State (IC) FOR Power, Coal, Mines & New & Renewable Energy , Piyush Goyal.

Under the programme, EESL intends to bring in investment of around 1000 crore covering more than 10,000 large government/private buildings by 2020. It is estimated that about one crore LED lights, 15 lakh energy efficient ceiling fans, and 1.5 lakh energy efficient ACs will be retrofitted by EESL in these buildings. Apart from retrofitting, EESL also aims to widen its services in areas like centralized AC system, Energy Audits, and New Generation Energy Management System in buildings.

The Buildings Energy Efficiency Programme has two business models: a) The ESCO (Energy Servicing Company) model, where the entire upfront investment is made by EESL, which is paid back by the building owner out of the resulting energy savings from the intervention, and b) The PMC (Project Management Consultancy) model, where EESL is the project management consultant for implementing the project for the client.

The client invests the entire project cost and bears one-time PMC charges of EESL. With the Buildings Programme, EESL aims to enhance the savings portfolio and ensure energy security for each citizen. EESL has already retrofitted energy efficient appliances in prominent Government buildings such as NITI Aayog, Nirman Bhawan, Sardar Patel Bhawan, Shastri Bhawan, J&K Assembly, Jammu Secretariat, Vidyut Bhawan, and Rajiv Chowk Metro station where energy efficient LED lights, energy efficient ceiling fans, and energy efficient air conditioners have been retrofitted.

EESL has so far installed about 94,000 LED lights, 3,000 energy efficient air conditioners, and over 400 energy efficient ceiling fans in these buildings. At present, the savings through 28 completed building projects across seven states are estimated to be over 11.03 MU, which is bound to increase with each completed project. The Prime Minister, Narendra Modi on 5th January, 2015 had launched the National LED Programme, to facilitate rapid adoption of LED based home and street lighting across the country. The programme components, Unnat Jeevan by Affordable LEDs and Appliances for All (UJALA) and Street Lighting National Programme (SNLP) of EESL are currently under implementation in 29 States and 7 Union Territories.