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India manages to save 7378 million units of electricity and Rs. 4866 crore through energy efficiency measures in 2015-16

by India Blooms News Service 13 Dec 2016, 08:55 am

New Delhi, Dec 13 (IBNS): A select group of Indian entities have collectively invested Rs.5111 crore in energy conservation measures and achieved monetary savings of Rs. 4866 crore in a short period of 13 months over 2015-16, the Union Ministry of Power announced on Tuesday.

 
These entities have also saved 7378 million units of electricity, which is equivalent to the energy generated from a 1352 MW thermal power plant.
 
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, will inaugurate the National Energy Conservation Day in New Delhi on Dec 14 and also felicitate winners of National Energy Conservation Awards and National Energy Conservation Painting Competition 2016.
 
Spearheaded by the Bureau of Energy Efficiency (BEE), Ministry of Power, the awards recognise industrial and other establishments which have taken effective measures to conserve energy, and students from across the country who paint ideas for energy conservation. 
 
A large number of Industrial units, office & BPO buildings, hotels, hospitals, zonal railways, railway stations including metro stations, state designated agencies, municipalities, manufacturers of BEE star labelled appliances, thermal power stations, universities and other Institution buildings, electricity distribution companies (DISCOMs), financial institutions and state road transport corporation & undertakings sent in their entries for Energy Conservation Awards aimed at recognising effective energy efficient technologies and practices.
 
Piyush Goyal will interact, through video conferencing, with school students across the country and view their paintings depicting their ideas on energy conservation. 
 
He will also share with students his own ideas on the subject. 
 
This year, more than 1.14 crore students from across the country participated in the school painting competition, which is 8 per cent higher than the last year, the Ministry said.