oi-Neeraj Kumar Yadav
Ashok Kumar, Deputy Director General, Bureau of Energy Efficiency (BEE), has said that the AP government sees energy efficiency as a powerful tool to enhance energy efficiency. For this, the government is making efforts to strengthen the energy efficiency sector.
State-designated Agency for Energy Conservation Mission (APSECM) led by BEE and supported by the Union Ministry of Power also organized an investment summit to promote investment in industrial energy efficiency here on Wednesday.
Speaking on the occasion, Shri Ashok Kumar said that the roadmap for a sustainable and holistic approach to the National Program for Energy Efficiency (LIGHT) was introduced by the Union Ministry of Power to enhance the implementation of energy efficiency measures under various funding schemes. This was done so that energy emissions could be reduced by 45% by 2030.
He said that APSECM is fully cooperating with BEE in designing interest subsidy schemes for industries. This is the reason why Andhra Pradesh was the first state to propose to launch a scheme with 5% interest subvention. He said the scheme was being examined by the Union Finance Ministry and the scheme was expected to support energy efficiency projects in industries worth over Rs 15,000 crore, which would be taken up nationally over the next five years.
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Andhra Pradesh government making efforts to strengthen energy efficiency sector
Story first published: Thursday, November 24, 2022, 18:20 [IST]