The event also witnessed signing of four Memorandum of Understanding (MOU) and agreements between EESL and industries and institutions across Maharashtra
January 25, 2019. By News Bureau
Energy Efficiency Services Limited (EESL) has announced that it has hosted a roundtable panel discussion on, “Creating an Ecosystem for Trigeneration Business in India”. The roundtable was attended by senior officials from Government of Maharashtra and delegates from international and Indian industry.
The event also witnessed signing of four Memorandum of Understanding (MOU) and agreements between EESL and industries and institutions across Maharashtra. EESL signed a MoU with Mahanagar Gas Limited to promote the adoption of trigeneration and Combined Heat and Power (CHP) technology in the Mumbai area, and a second MoU with Maharashtra Natural Gas Limited for the promotion of trigeneration and CHP solutions across the state. A tripartite MoU was signed between Castrol India, IGS and EESL to jointly explore additional opportunities for natural gas-based trigeneration projects in India. EESL also signed an agreement with Mahindra & Mahindra to install and service a trigeneration project of 803 kWe capacity with an investment of INR 25 crore.
The MoUs and agreement were exchanged in the presence of Ajit Sagne, Secretary Public Works Department (PWD), Dr. Sanjay Mukherjee, Secretary, Medical Education and Drugs Department (MEDD) and Bhushan Gagrani, Principal Secretary, Government of Maharashtra.
Signing the MOU, Sanjib Dutta, Managing Director, Mahanagar Gas Limited (MGL) said: “We are honored to sign the MoU with EESL on its initiative of implementing Trigeneration projects in Mumbai. With this association, MGL shall ensure the availability of natural gas to all prospective clients and thereby co-creating the ecosystem of Trigeneration technology in India.”
During the discussion, the stakeholders deliberated on the way forward for promoting the nationwide adoption of Trigeneration as a transformative technology. This process uses a single fuel input to simultaneously generate electricity, heat and cooling. This solution enhances operating efficiency of an industrial application by at least 60 percent, saving industries and institutions about 30-40 percent in operating energy costs and reducing greenhouse gas emissions by up to 30 percent, due to inherent efficiencies in energy generation through technology interventions.
The industry and government leaders further discussed potential sectors, institutions and industries that would benefit from trigeneration technology, while also identifying necessary financial models and policy and regulatory interventions for scaling the market for trigeneration technology in India.
Delivering the welcome address at the event, Saurabh Kumar, Managing Director, EESL stated: “The intervention potential of trigeneration technology in revolutionizing India’s energy landscape is immense. EESL is proud to pioneer the effort towards harnessing this potential with globally-leading and award-winning integrated solutions that can redefine energy security for India. The attendance at today’s event reassures me that EESL is not alone in this ambition, speaking volumes to the foresight and commitment of our clients, partners and the speakers at this event in delivering on a shared vision for a sustainable future for India.”
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