7378 million units of Electricity, Rs. 4866 crore saved through energy efficiency measures in 2015-16

New Delhi: The Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal, will inaugurate the National Energy Conservation Day here on December 14 and felicitate winners of National Energy Conservation Awards and National Energy Conservation Painting Competition 2016.

The participating entities for the 2016 energy awards 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. The investment will continue to pay in the coming years as well. These entities have also saved 7378 million units of electricity, which is equivalent to the energy generated from a 1352 MW thermal power plant.

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.

Shri Piyush Goyal will interact, through video conferencing, with school students across the country and view their paintings depicting exciting 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% higher than the last year.

Besides presenting the painting competition prizes, Shri Goyal will also present National Energy Conservation Awards 2016 - 3 Top Rank Awards, 43 First Prizes, and 48 Second Prizes to establishments for best energy conservation technologies and practices.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.