400 large industries make energy savings worth Rs 95 billion.
POWER & RENEWABLE ENERGY

400 large industries make energy savings worth Rs 95 billion.

More than 400 large industries from key energy-intensive sectors in India have made exemplary efforts towards improving energy-efficiency in the past three years. Systematic efforts to adopt energy conservation measures by these industries coupled with technology upgradation have resulted in energy savings worth Rs 95 billion annually. These achievements were reported by the Ministry of Power, based on an impact analysis report for Perform, Achieve and Trade (PAT), the flagship scheme under the National Mission for Enhanced Energy Efficiency (NMEEE) implemented by the Bureau of Energy Efficiency (BEE). The main sector whose energy savings was evaluated comprises thermal power plant, fertiliser, chlor alkali, aluminium, iron and steel, pulp and paper, textile and cement industries. 400 industry representatives have partnered with the government under this ambitious scheme to aggressively promote energy-efficiency in the sector, which consumes over 50 per cent of the country's total primary energy consumption. The various industries have adopted state-of-the-art technologies such as waste heat recovery, top recovery turbine, coke dry quenching and compressor optimisation to improve their specific energy consumption. <p></p> <p>Minister of Power RK Singh also released the outcome report for the study conducted by BEE, which demonstrated energy savings of 8.67 million tonne of oil equivalent (MTOE) against a target of 6.686 mtoe, which is 30 per cent more than the targetted energy saving. The assessment and verification process was conducted by BEE through an online framework with the assistance of Accredited Energy Auditors. The outcome of the scheme also resulted in energy saving of more than Rs 95 billion, investment by industry of about Rs 260 billion, and capacity building of over 5,000 engineers and operators.</p> <p>Speaking on this occasion, Singh said, 'Achievement of 30 per cent additional saving endorses partnership and commitment by the industry in this important endeavour of the government, which not only leads to energy saving but results in reduction of GHG emission to the tune of 31 million tonne of carbon dioxide equivalent annually.&quot; The PAT scheme is mandatory for all designated consumers notified by BEE and is one of the major initiatives under NMEEE. It is a market-based mechanism to reduce specific energy consumption in the energy-intensive sector. If industries fail to achieve their target in energy savings, they will have to compensate by energy-saving certificates (ESCerts).</p>

More than 400 large industries from key energy-intensive sectors in India have made exemplary efforts towards improving energy-efficiency in the past three years. Systematic efforts to adopt energy conservation measures by these industries coupled with technology upgradation have resulted in energy savings worth Rs 95 billion annually. These achievements were reported by the Ministry of Power, based on an impact analysis report for Perform, Achieve and Trade (PAT), the flagship scheme under the National Mission for Enhanced Energy Efficiency (NMEEE) implemented by the Bureau of Energy Efficiency (BEE). The main sector whose energy savings was evaluated comprises thermal power plant, fertiliser, chlor alkali, aluminium, iron and steel, pulp and paper, textile and cement industries. 400 industry representatives have partnered with the government under this ambitious scheme to aggressively promote energy-efficiency in the sector, which consumes over 50 per cent of the country's total primary energy consumption. The various industries have adopted state-of-the-art technologies such as waste heat recovery, top recovery turbine, coke dry quenching and compressor optimisation to improve their specific energy consumption. <p></p> <p>Minister of Power RK Singh also released the outcome report for the study conducted by BEE, which demonstrated energy savings of 8.67 million tonne of oil equivalent (MTOE) against a target of 6.686 mtoe, which is 30 per cent more than the targetted energy saving. The assessment and verification process was conducted by BEE through an online framework with the assistance of Accredited Energy Auditors. The outcome of the scheme also resulted in energy saving of more than Rs 95 billion, investment by industry of about Rs 260 billion, and capacity building of over 5,000 engineers and operators.</p> <p>Speaking on this occasion, Singh said, 'Achievement of 30 per cent additional saving endorses partnership and commitment by the industry in this important endeavour of the government, which not only leads to energy saving but results in reduction of GHG emission to the tune of 31 million tonne of carbon dioxide equivalent annually.&quot; The PAT scheme is mandatory for all designated consumers notified by BEE and is one of the major initiatives under NMEEE. It is a market-based mechanism to reduce specific energy consumption in the energy-intensive sector. If industries fail to achieve their target in energy savings, they will have to compensate by energy-saving certificates (ESCerts).</p>

Next Story
Infrastructure Energy

Indian Urea Producers Shut Plants As Iran War Cuts Qatari LNG Supplies

Indian urea producers have shut several plants after the war involving Iran led to cuts in Qatari supplies of liquefied natural gas (LNG), industry participants said. The reduction in LNG shipments has constrained feedstock availability and raised operational pressures at ammonia and urea units across the country, complicating production scheduling and maintenance plans. Producers have scaled back output in response to fuel shortages and logistical challenges affecting domestic fertiliser production and have implemented staggered shutdowns to manage inventories. The disruptions have heightened..

Next Story
Infrastructure Urban

Adani Plans Rs 600 bn Investment In Schools And Hospitals

Adani Group plans a Rs 600 billion (Rs 600 bn) social investment to construct 300 schools and 30 hospitals across India, aimed at expanding educational and healthcare infrastructure nationwide. The initiative is presented as a long term commitment to strengthen community services and address gaps in access to quality education and primary healthcare. The group highlighted investment in both physical infrastructure and associated services to ensure schools and hospitals are functional from opening. The programme will focus on building resilient facilities that meet prevailing regulatory standar..

Next Story
Infrastructure Transport

PM Launches Development Projects Worth Rs 235.5 Billion (bn) From Silchar

The Prime Minister launched development projects worth Rs 235.5 billion (bn) from Silchar in Assam and performed the bhumi pujan for three projects in the Barak Valley. The schemes comprise the Silchar High-Speed Corridor at an estimated cost of Rs 228.6 bn, the Silchar Town Flyover at about Rs 5.65 bn and the Patharkandi College of Agriculture at about Rs 1.22 bn. The announcement was made at a public ceremony in Cachar district. He said that southern Assam's Barak Valley is emerging as a strategic link to Southeast Asia and that the North East is taking a lead in the government's Act East po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement