In a forward step, The Energy and Resources Institute (TERI) has agreed to assist AP Capital Region Development Agency (CRDA) in Green Building Concepts and Designs to be taken up in the Capital, Amaravati. Putting into action, an Memorandum of Understanding was signed by TERI, CRDA and AP SEEDCO in the presence of Chief Minister Chandrababu Naidu on Thursday.
TERI Director General Ajay Mathur, CRDA Commissioner Dr. Cherukuri Sridhar and SEEDCO Managing Director A. Chandra Sekhar Reddy signed the MOU. SEEDCO will act as a Nodal Agency to see the implementation of Energy Efficiency Systems designed by TERI in Green Buildings construction.
State's Municipal and Urban Development Minister Dr. Narayana, Energy, I&I, CRDA Principle Secretary Ajay Jain, CM Media Advisor Dr. Parakala Prabhakar and other dignitaries participated in the program.
While speaking on the occasion, the Chief Minister said Andhra Pradesh has stood as No.1 in the Country in implementation of Energy Efficiency programs and Energy Conservation activities and further set target to stand as 'The Pioneer' in the Energy Efficiency in the World. He suggested to bring the best technologies and best practices implementing across the globe. He invited TERI to start activities in its own campus in Amaravati. "In Power Sector, both Efficiency and Conservation are important. For Agriculture, Industrial and House Hold growth, Electricity is a key factor. Efficiency in Production of Electricity and Conservation in consumption are equally important. "40% of electricity can be save, if Efficiency and Conservation implemented", TERI Director General Ajay Mathur said. According to MOU, TERI would assist CRDA in creation of Amaravati as Carbon Emissions Free City for three years initially.