The institute has guaranteed the state government to convey advanced technologies to implement energy efficiency in the state
September 12, 2019. By News Bureau
The Energy and Resources Institute (TERI) has announced it will undertake a study to recognize and assess energy saving investment prospects in several key sectors in Andhra Pradesh.
The institute has guaranteed the state government to convey advanced technologies to implement energy efficiency in the state.
Speaking at a three-day international conference in New Delhi, TERI director general Ajay Mathur said the institute was planning to interact with national and international agencies and banks like KFW, Germany to support energy efficiency programs in AP for its cost-effective implementation which will immensely benefit the state
“The energy efficiency measures will help AP for strengthening power sector and achieving quick results in various key sectors including agriculture, industries, transportation and building sector, etc.” said Mathur while addressing the conference. In response to the letter received by him from state energy secretary Srikant Nagulapalli, the TERI chief expressed his willingness to provide technological support to AP.
According to information provided by APSECM, as an agriculture state, AP is spending around Rs 6,000 crore as power subsidy and Rs 4,500 crore for free power for day time power supply to farmers. “If the state implements energy efficiency measures in agriculture sector, it could save around 3,478 million units (MU) against the total consumption of 11593 MU in agriculture sector,” Mathur added.
A Chandra Sekhara Reddy, chief executive officer, AP State Energy Conservation Mission (APSECM), who attended the conference highlighted the various initiatives of energy efficiency measures implementing in the state and sought the co-operation of national and international organisations to achieve desired goals in energy efficiency in the state.
“According to a study, as AP is a new state, it has to address future challenges in energy sector in view of decentralized developments in various sectors in all departments. The energy efficiency will help for achieving 30-35 per cent savings to boost overall economy, enhance sustainable development and promote environmental protection,” the CEO APSECM said.
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