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EESL to install energy-efficient LEDs across all airports in India

Newdelhi:1/3/18:Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power signed a Memorandum of Understanding (MoU) here today, 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 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 4 months from the date of signing a definitive Energy Performance Agreement (EPA).

Under the MoU, EESL will execute the energy efficiency programme on Energy Service Companies (ESCO) model where the entire upfront investment is borne by EESL and recovery of investments is made through monetised shared savings. The contract period is five years and EESL takes complete responsibility of replacement / repair for the duration.

EESL has 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. EESL has already 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.

The MoU was signed by Shri Saurabh Kumar, Managing Director, EESL and Shri A.K. Sharma, Executive Director, Airports Authority of India, in the presence of Shri Ajay Kumar Bhalla, Secretary, Ministry of Power and Shri Guruprasad Mohapatra, Chairman, Airports Authority of India.

Speaking at the occasion, Shri Saurabh Kumar, MD, EESL said, “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. We are well on our way to radically transform the energy efficiency scenario in the country by retrofitting huge commercial complexes.”

About EESL:

Energy Efficiency Services Limited (EESL), under the Ministry of Power, Government of India, is working towards mainstreaming energy efficiency and is implementing the world’s largest energy efficiency portfolio in the country. Driven by the mission of Enabling More – more efficiency, more innovation, EESL aims to create market access for efficient and future ready transformative solutions that create a win-win situation for every stakeholder. By 2020, EESL seeks to be a $1.5 billion-dollar (Rs 10,000 crore) company putting together all the programmes of EESL.

Thus far, EESL has distributed over 29 crore LED bulbs and retrofitted 48 lakh smart LED streetlights across India through self-sustaining commercial models. It has pioneered innovative business approaches to successfully roll-out large-scale programs that allow for incentive alignment across the value chain and rapidly drive transformative impact. EESL aims to leverage this implementation experience and exploit new opportunities in overseas market for diversification of its portfolio. As on date, EESL has begun its operations in UK, South Asia and South-East Asia.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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