Monday, May 27, 2024

‘AP right place to invest in energy efficiency projects’

Must read

PNS|Vijayawada

AP is the right place to invest in industrial energy efficiency, said Ashok Kumar, Deputy Director General, Bureau of Energy Efficiency (BEE). “There is an excellent opportunity for banks and a financial institute to invest in energy efficiency projects, run business and to grow in AP. The Andhra Pradesh government is making efforts to strengthen the energy efficiency sector by encouraging investments in the industrial sector,” he added.

An investment bazaar conference was organised by the AP State Energy Conservation Mission (APSECM), the State-designated agency, with the support of the Union Ministry of Power led by the Bureau of Energy Efficiency in Visakhapatnam on Wednesday.

Speaking on this occasion, Ashok Kumar said that a Roadmap of Sustainable and Holistic Approach to National Energy Efficiency (ROSHANEE) was introduced by the Union Ministry of Power to upscale implementation of energy efficiency measures under various financing schemes to achieve the country’s nationally determined contributions of reducing emissions intensity by 45 per cent by 2030, from 2005 level.

Ashok kumar said: “I am glad to announce that the AP State through APSECM, SDA of AP, has been the forerunner in organising Investment Bazaars among all the States and the maximum EE projects have been identified by the BEE’s facilitation centre in Andhra Pradesh so far. The State has also established a financial institutions committee to finance EE projects at the local level itself.”

Calling Visakhapatnam a beautiful city and one of the fastest growing cities in the country, the DDG said that the first investment bazaar that was conducted in Visakhapatnam received global attention in several international webinars conducted by BEE.

Delivering the keynote address, Chief Executive Officer of APSECM A Chandrasekhara Reddy said that there was an excellent opportunity for banks and financial institutes to invest in energy efficiency projects, run business and to grow in AP. “Andhra Pradesh is strong today and will be stronger tomorrow. The investments will also help the State to improve energy efficiency that would help to achieve energy security, boost economy, create employment, reduce energy intensity on finances, improve energy performance and protect environment etc.,” CEO said.

- Advertisement -spot_img

More articles

7 COMMENTS

  1. Amazing blog! Do you have any helpful hints for aspiring writers?
    I’m hoping to start my own blog soon but I’m a little lost on everything.

    Would you suggest starting with a free platform like WordPress or
    go for a paid option? There are so many options out there that I’m completely confused ..
    Any tips? Many thanks!

  2. Its like you read my mind! You seem to know a lot about this, like you wrote
    the book in it or something. I think that you could do with a few pics to drive the message home a little
    bit, but instead of that, this is wonderful blog.
    An excellent read. I will definitely be back.

  3. I’m now not sure the place you are getting your information, however great topic.
    I must spend some time finding out much more or figuring out
    more. Thank you for great info I was searching for this info
    for my mission.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article