EESL to invest Rs 1,000 cr by 2020 under buildings programme

Mumbai, May 20 : The Energy Efficiency Services Ltd (EESL, on Saturday said it would bring investment to the tune of Rs 1,000 crore covering more than 10,000 large government or private buildings in next 2-3 years as part of the Energy Efficient Buildings programme.

UnionPower, New and Renewable Energy, Coal and Mines Minister Piyush Goyal launched the programme here, in the presence of Maharashtra PWD Minister Chandrakant Dada Patil.

EESL, a JV under the administration of Union Power Ministry, also signed a MoU with PWD Maharashtra to retrofit 1,500 buildings under PWD in Maharashtra with energy efficient appliances.

It is estimated that about 1 crore LED lights, 15 lakh energy efficient ceiling fans and 1.5 lakh energy efficient ACs will be retrofitted by EESL in these buildings.

"The National Buildings Energy Efficiency programme has the potential to reduce not only cost and energy consumption but significantly contribute to management of peak demand," Goyal said.

He also inaugurated National Building Dashboard which will allow the public to access real time information on the energy and monetary savings along with the CO2 emissions through the retrofitting in the buildings across the country.

Goyal said the National Building Dashboard is also an effective tool to not only measure savings real-time but demonstrate the transparency in implementation of projects.