Energy saving potential in India: Rs. 10,000 crores

CHENNAI, OCT. 11. Energy Summit 2004, the sixth biennial conference on energy conservation to be held in the city from October 26 to 30, has something new this time: a one-day meet on environment management along the entire oil and gas sector supply chain.

Organised by the Confederation of Indian Industry (CII), the conference on oil and gas will be held on October 30.

The EnCon and Renewable Energy Technology Meet on October 28 and 29 will precede this. The summit will kick off with presentations by short-listed teams for the CII National Awards for Excellence in Energy Management and Energy Conservation on October 26 and 27.

Conservation awards

The Union Power Secretary R.V. Shahi will inaugurate the Energy Summit 2004 on October 28; Additional Secretary, Union Ministry of Oil and Natural Gas, M.S. Srinivasan, will participate in the oil and gas meet. R. Viswanathan, Tamil Nadu Minister for Electricity, will give away the conservation awards.

K. Vasudevan, chairman, Energy Summit 2004, said leading experts would address the conference on energy conservation.

Following the success of energy conservation in India's cement industry in which the CII had played a major role, committees had been set up to evolve best practices and benchmarks for energy conservation in power plants, the paper and pulp industry and engineering industries.

Role of industries

Highlighting the role played by sharing of information and exchange of plant visits by industries taking to energy conservation in the wake of heightened market competition and high cost of energy, he said the 146 companies, whose teams had been short-listed for the finals of the energy conservations awards this year, had achieved an annual energy saving of Rs. 450 crores.

The potential for energy saving in India was Rs. 10,000 crores and the business potential for energy efficient technologies Rs. 20,000 crores.

He said the CII Energy Summits did not include nuclear energy in view of the confidentiality of information in respect of this ``strategic'' sector. Nuclear energy was costlier than other sources of energy but its share in the total generation capacity was just six per cent.

Greenest building

S. Raghupathy, head, CII-Godrej Green Business Centre (GBC), Hyderabad, which is organising this year's summit, said the GBC itself had been ranked as the greenest building in the world and had won the platinum award of the U.S. Green Building Council.

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