Maharashtra government finds a savior in Green!

Maharashtra government finds a savior in Green!

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The Maharashtra government is set to make all the existing government buildings energy efficient with the help of funding from the Centre. The Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings and the Union Power Ministry, will implement the project, bearing the capital costs. An agreement to this effect is likely to be signed between Maharashtra’s Public Works Department (PWD) and EESL. In the first phase of the project, the plan is to take up retrofitting in government offices in Mumbai, Pune, Nagpur, Amravati, Aurangabad, Nashik, and Kolhapur.

By making all the existing government buildings energy efficient, Maharashtra government will be saving  Rs 119 crore per year. The plan involves retrofitting of conventional electrical appliances across 5,020 government buildings in the next nine months. The project involves capital cost of Rs 325 crore which will be borne by EESL. In return, EESL will get to take 70% of the annual energy saving for five years against the investment. According to the government’s assessment there would be saving to the tune of 124 million electrical units once the project is fully completed.

EESL is a Joint Venture of NTPC Limited, PFC, REC and POWERGRID set up to facilitate implementation of energy efficiency projects. EESL works as ESCO, as Consultancy Organization for CDM, Energy Efficiency, etc.; as a Resource Centre for capacity building of SDAs, Utilities, financial institutions, etc. EESL also leads the market-related actions of the NMEEE. It is the first such company exclusively for implementation of energy efficiency in South Asia and amongst a very few such instances in the world.