A workshop on India Chiller Energy Efficiency Project (ICEEP) was conducted by IDBI Bank Ltd at New Delhi on July 30, 2010. Dr. B. P. Nilaratna, Joint Secretary, MoEF, GoI, Shri Aloke Sengupta Chief General Manager, IDBI Bank and Shri Yashpal Gupta, GM, IDBI Bank addressed a large number of senior executives from PSUs and private sector corporate and chiller manufactures /ESCOs who attended the Workshop. The Workshop outlined multiple benefits of the scheme and the roles of MoEF and World Bank, in the project.
World Bank, in association with the MoEF, GoI, has developed India Chiller Energy Efficiency Project (ICEEP), for providing financial incentives aimed at accelerated replacement of energy inefficient Centrifugal CFC based chillers with more energy efficient non-CFC based chillers as a programmatic activity. The project aims at replacement of about 370 CFC centrifugal chillers in the country over a period of two years (215 from Global Environment Facility /Ozone Trust Fund grants and 155 from CDM revenue) for the switchover to the non-CFC energy efficient chillers. The project is expected to reduce 159 metric tonnes (mt) of CFC and 3.86 million tones of Carbon di Oxide (tCo2) over next five years.
About IDBI Bank Ltd.
IDBI Bank Ltd. is a universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 726 branches and 1240 ATMs. The Bank had a balance sheet size of Rs.2,24,657 crore as on June 30, 2010. IDBI Bank's operations during the quarter ended June 30, 2010, resulted in a net profit of Rs.251 crore.
Shri B P Nilaratna speaking at the Workshop on India Chiller Energy Efficiency Project (ICEEP) held at New Delhi on July 30, 2010. He is flanked by Shri Aloke Sengupta, Chief General Manager, IDBI Bank to his right and Shri Yashpal Gupta, General Manager, IDBI Bank to his left.
