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New Delhi : Union Minister of State (IC) for Power and New & Renewable Energy R K Singh on November 11, 2018, said energy efficiency saves the environment and makes businesses more competitive. While India needs to grow but we need to grow responsibly and the Government has taken several measures in this direction, he said while speaking at the inaugural function of the three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) here.
This is the second edition of INSPIRE and has been organised by Energy Efficiency Services Limited (EESL) and World Bank. The symposium will focus on enhancing grid management, e-Mobility, financial instruments and technologies for energy efficiency in India.
The Minister said, “Innovations in the field of energy efficiency are critical to meet our GHG (green house gases) emission targets and the Government has taken several initiatives in this regard”. He also gave away awards to four pathbreaking innovations in clean energy and energy efficiency as part of Innovate To INSPIRE, a first-of-its-kind energy innovation challenge. The Innovate To INSPIRE challenge was organized by EESL and World resources Institute (WRI) between 21 August 21, 2018 and October 12, 2018 in the run-up to INSPIRE 2018.
Speaking on the occasion, Ajay Bhalla, Secretary, Power, said that India’s energy efficiency efforts were being lauded world over. He also said that innovation challenge was a very good idea to promote energy efficiency. Rajeev Sharma, Chairman, EESL, said, “Innovation is the most important enabler for resolving environmental problems while reducing costs.”
The event was attended by senior officials from the Ministry of Power, EESL, Dr Junaid K Ahmad, Country Director, The World Bank (WB), and Kenichi Yokoyama, Country Director, Asian Development Bank (ADB), according to a PIB release.
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