EESL to install to LED lights at airports across India

Speed Post News Network

New Delhi : Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, signed a Memorandum of Understanding (MoU) here on March 1, 2018,  with the Airports Authority of India (AAI) for installing energy-efficient LED lights at airports, buildings and facilities owned by AAI across India. EESL will make the entire upfront investment of Rs 24.41 crore on the project.

The MoU is signed under the Buildings Energy Efficiency Programme (BEEP). The entire procurement of lighting equipment, installation and maintenance will be undertaken by EESL without any cost burden on AAI. The project will be completed within 4 months from the date of signing a definitive Energy Performance Agreement (EPA), according to a PIB release.

Under the MoU, EESL will execute the energy efficiency programme on Energy Service Companies (ESCO) model where the entire upfront investment is borne by it and recovery of investments is made through monetised shared savings. The contract period is five years and EESL takes complete responsibility of replacement / repair for the duration.

EESL has partnered with several leading institutions like the Indian Railways, Central Public Works Department, Delhi Metro Rail Corporation etc, to replace inefficient lighting and cooling appliances with efficient equipment.

As part of the Buildings Energy Efficiency Programme launched in May 2017, EESL intends to bring in investment of around Rs 1,000 crore covering more than 10,000 large government / private buildings by 2020 enabling annual monetary savings of Rs 800 crore, energy savings of 100 crore kWh per year and annual CO2 reduction of 10 lakh tonne.

Speaking at the occasion,  Saurabh Kumar, MD, EESL said, “Replacement of existing conventional light fittings with energy-efficient LEDs across airports and buildings of AAI will contribute significantly to India’s climate goals. We have successfully transformed multiple commercial buildings in India into energy-efficient complexes.”