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Firms save Rs. 450 crores through energy management

Special Correspondent

Automobile industry makes the maximum gains CII-Godrej Green Business Centre had a vision of making India a global leader in green business by 2015

CHENNAI: As many as 126 companies, taking part in the Confederation of Indian Industry's national award scheme for excellence in energy management, have achieved annual recurring saving of Rs. 450 crores in the last three years, K. Vasudevan, chairman, Green Business Forum, CII-Sohrabji Godrej Green Business Centre, said on Thursday.

Cement industry's achievement

He said the cement industry had achieved a reduction of 9-10 per cent in consumption; paper, 9-12 per cent; engineering, 12-14 per cent and automobile, 15-18 per cent. Stating that the number of participants in the contest was growing, Mr. Vasudevan told the inaugural session of the award programme, preceding presentations by the 35 shortlisted companies, that five years ago, it was 87.

Referring to the establishment of the CII-Godrej GBC, he said the Centre had a vision of making India a global leader in green business by 2015.

Green buildings, energy efficiency, renewable energy, environment, recycling, water management and climate change activities were the focus areas.

It was working towards creating "Island of Excellence" — excellence in each sector. Initially, cement, power plants, pulp and paper were the sectors identified for this purpose.

Recognising energy management

G. Jayaraman, chairman, national award committee for excellence in energy management, said the award had been instituted to recognise excellence in energy management.

It was to enable the industry share its experiences and information on energy conservation and promote a sense of competition for realising greater degree of energy savings.

L.S. Ganapati, co-chairman of the award panel, conducted a draw of lots for the presentations to be made by the short-listed companies.

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