MP Urja Vikas Nigam Ltd MNRE as designated agency organised Two Days Training Workshop for Financial Institutions on Energy Efficiency financing from 5-6 March 2019 at Hotel Lake View Ashok, Bhopal.
First Day session on Tuesday was inaugurated by BK Patel, CE, MPUVNL and Surendra Bajpai, MPUVNL. After greeting participants and Guest, Surendra Bajpai highlighted benefits for financing designated consumer in deploying for large scale EE projects.
Besides, BK Patel briefed about various Energy efficiency activities taken up by MPUVNL in Madhya Pradesh.
During technical session, Participants were introduced to Energy Efficiency and Market Opportunity by Malvi Mehrotra, BEE. Further Harigovind Rajan, World
Bank Group highlighted about World bank programmes on Energy Efficiency. Participants were also sensitized about CARE Rated EE business models. Post Lunch,
Participants were accompanied to visited M/s Oswal Woollen Mills Ltd site at Industrial Area, Philukhedi, Rajgrah, where they observed about various energy conservational measures undertaken in the plant.
M/s Oswal also explained about loans and Financial arrangements sourced to implement Energy Efficient Projects in their plant, thus helping participants to understand that payback was achieved in mere 3 to 5 years whereas technical life of the financed EE equipment was 10 years and some appliance even 20 years.
Notably, Government of India launched Energy Efficiency Financing Platform (EEFP) as one of its initiatives under National Mission for Enhanced Energy Efficiency with an objective to provide an interaction platform for State Designated Agency, Financial Institutions (FIs) and project developers for implementation of energy efficiency projects.
Under NMEEE, the PAT scheme is in operation for Big industries (Designated Consumers) as target of energy savings is given by Bureau of Energy Efficiency to all DCs to bring down there energy consumption For sensitizing Financial Institutions, Project developers, designated consumers about financing option available for energy efficiency projects.