Energy Efficiency Services Limited (EESL), a joint venture of four PSU’s, NTPC Limited, Power finance Corporation, Rural Electrification Corporation and Powergrid Corporation, all under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the Airports Authority of India (AAI) for installing energy-efficient LED lights at airports, buildings and facilities owned by AAI across India. EESL will make the entire upfront investment of Rs. 24.41 crore on the project.
The MoU is in line with EESL’s mandate of implementing the largest energy efficiency portfolio in the world. EESL leads the market-related activities of the National Mission for Enhanced Energy Efficiency (NMEEE), one of the 8 national missions under the Prime Minister’s National Action Plan on Climate Change (NAPCC).
The MoU has been signed under the Buildings Energy Efficiency Programme (BEEP). The entire procurement of lighting equipment, installation and maintenance will be undertaken by EESL without any cost burden on AAI. The project will be completed within four months from the date of signing a definitive Energy Performance Agreement (EPA).
Said Saurabh Kumar, Managing Director, EESL, “Replacement of existing conventional light fittings with energy-efficient LEDs across airports and buildings of AAI will contribute significantly to India’s climate goals. We have successfully transformed multiple commercial buildings in India into energy-efficient complexes.” EESL has already partnered with several leading institutions like the Indian Railways, Central Public Works Department, Delhi Metro Rail Corporation etc., to replace inefficient lighting and cooling appliances with efficient equipment. It has 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. At present, the cost savings through 508 completed building projects across India are estimated to be over Rs. 41 crore with reduction of 38,392 tonnes of CO2 emissions, which is bound to increase with each completed project. Currently, the programme is being implemented at 2,862 buildings across India and will be completed by March 31st, 2018.
As part of the Buildings Energy Efficiency Programme launched in May 2017, EESL intends to bring in investment of around Rs. 1000 crore covering more than 10,000 large government / private buildings by 2020 enabling annual monetary savings of Rs. 800 crore, energy savings of 100 crore kWh per year and annual CO2 reduction of 10 lakh tonne.