Finance ministry ropes in EESL for energy saving -Governance Now

Finance ministry ropes in EESL for energy saving

Around one crore LED lights, 15 lakh energy efficient ceiling fans, and 1.5 lakh energy efficient ACs will be retrofitted by EESL in central government buildings

GN Bureau | August 14, 2017

#PSU #EESL #finance ministry #power saving #Piyush Goyal

In its bid to bring down energy consumption by old government buildings that consume huge amount of power, the ministry of finance has asked central government establishments to install energy efficient appliances across India.

The ministry has directed that usage of LED based lightings and energy efficient cooling equipment such as fans and air conditioners in government buildings will lead to savings in the long run through reduction in energy consumption.

For this, Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the ministry of power has been roped in by department of expenditure under ministry of finance on nomination basis to assist various ministries and departments to retrofit energy efficient appliances.

Currently, EESL is the implementation agency for the Buildings Energy Efficiency Programme (BEEP), which was launched in May, 2017 by minister of state (IC) for power, coal, mines and new and renewable energy, Piyush Goyal. Under the programme, EESL intends to bring in investment of around Rs 1,000 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.

Comments

Other News

Enhanced MCA21 V3 Portal Paves the Way for Improved Corporate Governance

By Sudhir Chaturvedi, Executive Board Member & President- Markets, LTIMindtree Corporate governance has always been a critical issue for businesses in India. As part of its ongoing digitalization drive, the Ministry of Corporate Affairs (MCA) recently launched the latest

“I pray to God that such an incident never happens in future”

Life is slowly limping back to normalcy in Bahanaga, a block headquarters town in Odisha’s Balasore district that witnessed one of the deadliest rail disasters of the century. Train operations have resumed as the Central Bureau of Investigation (CBI) has begun the probe into the accident that claimed

Gandhi’s Triumph over the Fear of Death

The Essential U. R. Ananthamurthy Edited by N. Manu Chakravarthy and Chandan Gowda Aleph Books, Rs 899, 312 pages

Bird walks for youngsters to be held across India

Early Bird and the Rainmatter Foundation have announced five bird walks, led by naturalists, across India on June 10. The walks, to be held in Agartala, Dehradun, Mysore, Panjim, and Tirupati early in the morning, are part of the Rainmatter Foundation’s Walking Lightly campaign, being observed throug

India celebrates Environment Day with thrust on Mission LiFE

The Ministry of Environment, Forest and Climate Change, Government of India organized the World Environment Day on Monday with a thrust on Mission LiFE. The concept of LiFE, i.e., Lifestyle for Environment was introduced by prime minister Narendra Modi at the World Leaders` Summit in Glasgow at COP26, when

Green banking: an emerging way forward

Green Banking is an initiative taken by the banks to promote environment-friendly practices and reduce carbon footprint of their activities. Green financing (a part of ‘Green Banking’) is a broad term that can refer to a financial investment flowing into sustainable development projects and ini