Schneider Electric Advocates Energy Incentives

26 Jun 2024 CW Team

India?s energy sector is undergoing a significant transition towards renewable energy sources, and energy efficiency plays a crucial role in this shift. Schneider Electric believes that government incentives can accelerate the adoption of energy-efficient technologies, leading to substantial energy savings and reduced environmental impact. The company stresses the importance of public-private partnerships in driving this change, where government support can enhance corporate responsibility and sustainability efforts.

Chaudhry pointed out that energy efficiency is not only beneficial for the environment but also for economic growth. By reducing energy costs, businesses can improve their competitiveness and contribute to a more resilient energy infrastructure. Schneider Electric?s call to action includes the need for technology advancements and the implementation of smart energy management systems. These systems can optimize energy use in industrial operations, significantly lowering energy consumption.

The company also underscores the necessity of a robust policy framework that incentivizes clean energy adoption and supports the energy transition. This includes measures such as tax benefits, subsidies for energy-efficient equipment, and regulatory standards that mandate energy conservation practices. Schneider Electric?s initiatives align with India?s broader goals of combating climate change and ensuring energy security.

In conclusion, Schneider Electric?s appeal for government incentives is aimed at fostering a sustainable and efficient energy landscape in India. By promoting energy efficiency through supportive policies and incentives, India can achieve its environmental and economic objectives, paving the way for a greener and more sustainable future.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Schneider Electric, a global leader in energy management and automation, has called for government incentives to promote energy efficiency in India. CEO Anil Chaudhry emphasized the need for policy support and incentives to encourage industries to adopt sustainable practices. He highlighted the importance of energy efficiency in reducing the carbon footprint and fostering sustainable development. Schneider Electric advocates for a comprehensive regulatory framework that supports renewable energy initiatives and energy conservation measures. India?s energy sector is undergoing a significant transition towards renewable energy sources, and energy efficiency plays a crucial role in this shift. Schneider Electric believes that government incentives can accelerate the adoption of energy-efficient technologies, leading to substantial energy savings and reduced environmental impact. The company stresses the importance of public-private partnerships in driving this change, where government support can enhance corporate responsibility and sustainability efforts. Chaudhry pointed out that energy efficiency is not only beneficial for the environment but also for economic growth. By reducing energy costs, businesses can improve their competitiveness and contribute to a more resilient energy infrastructure. Schneider Electric?s call to action includes the need for technology advancements and the implementation of smart energy management systems. These systems can optimize energy use in industrial operations, significantly lowering energy consumption. The company also underscores the necessity of a robust policy framework that incentivizes clean energy adoption and supports the energy transition. This includes measures such as tax benefits, subsidies for energy-efficient equipment, and regulatory standards that mandate energy conservation practices. Schneider Electric?s initiatives align with India?s broader goals of combating climate change and ensuring energy security. In conclusion, Schneider Electric?s appeal for government incentives is aimed at fostering a sustainable and efficient energy landscape in India. By promoting energy efficiency through supportive policies and incentives, India can achieve its environmental and economic objectives, paving the way for a greener and more sustainable future.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..