Andhra Pradesh Govt To Offer Incentives To Energy Saving Industries | SupportBiz

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Andhra Pradesh Govt To Offer Incentives To Energy Saving Industries

 
The state government is working to facilitate the addition of about 1000 mw of wind energy and 500 mw of solar energy every year during the XII Plan period.

Hyderabad, January 17: The Andhra Pradesh government is mulling various options to provide incentives to industry units that save energy through energy efficiency measures. The government will formulate a Green Factory Code with an objective to encourage savings in high energy consuming industrial establishments.

The decisions where announced by P.K.Mohanty, State Chief Secretary during the Fifth State Energy Conservation Mission meeting where he also highlighted the importance of energy saving and various measures initiated by the state government.

“Energy intensity, which is measure of energy required for unit of GDP growth in India is twice that of other developed countries. Reducing energy intensity must be our top priority by improving energy efficiency,” Mohanty was quoted as saying to The Hindu Business Line.

On the demand side, India's electricity saving potential per year is about 15 per cent (15 billion units) of the total electricity demand, the integrated energy policy of the planning commission says. According to Mohanty, a significant demand-supply gap could be met if by improving energy efficiency and by bringing down losses.

In addition, the state government is working to facilitate the addition of about 1000 mw of wind energy and 500 mw of solar energy every year during the XII Plan period.

In its efforts to popularize best practices in energy savings, the government has decided to utilise the entire force of self help groups and will shortly sign an MoU with the UK Government for sharing global best practices in energy savings.