Other Renewable Energy
Monday, 05 March 2018 16:45

EESL to invest Rs 24.41 crore to install LED lights across airports in India

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05/03/2018

Energy Efficiency Services Limited (EESL) will invest Rs. 24.41 crore to install energy efficient LED lights at airports, buildings and facilities owned by the Airports Authority of India (AAI), as part of the Buildings Energy Efficiency Programme.

“Replacement of existing conventional light fittings with energy-efficient LEDs across airports and buildings of AAI will contribute significantly to India’s climate goals,” Saurabh Kumar, managing director, EESL, said in a statement.

The entire procurement of lighting equipment, installation and maintenance will be undertaken by EESL without any cost burden on AAI. The contract period is five years and EESL takes complete responsibility of replacement / repair for the duration.

As part of the memorandum of understanding (MoU) between EESL and AAI, the programme will be implemented under the energy saving companies (ESCO) model where the entire upfront investment is borne by EESL and recovery of investments is made through monetized shared savings.

“We have successfully transformed multiple commercial buildings in India into energy-efficient complexes. We are well on our way to radically transform the energy efficiency scenario in the country by retrofitting huge commercial complexes,” Kumar added.

EESL has earlier partnered with institutions like the Indian Railways, Central Public Works Department, Delhi Metro Rail Corporation among others to replace inefficient lighting and cooling appliances with efficient equipment.

As part of the Buildings Energy Efficiency Programme launched in May 2017, EESL intends to bring investment of around Rs. 1000 crore covering more than 10,000 large government and private buildings by 2020 to enable annual monetary savings of Rs. 800 crore, energy savings of 100 crore kWh per year and annual CO2 reduction of 10 lakh tonne, the statement added.

EESL, which is a joint venture of PSUs under the power ministry, has earlier taken the lead to issue tenders for LED bulbs, helping the prices of the energy-efficient devices fall steeply. It is also actively involved in the government’s initiative to procure electric vehicles for use by official departments and state-run firms.

Additional Info

  • News Section: Other Renewable Energy
  • Month: March
  • Year: 2018
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