In order to tackle problems of electricity shortage, Reliance Energy Ltd. (REL) has appointed MITCON to undertake energy audits at 33 sites in Mumbai. "These sites include various super malls, bank offices, large commercial complexes, hotels etc. These audits will have more emphasis on electrical energy and utilities like, transformers, motors, distribution system, air conditioning and lighting," informed Mr. Deepak Zade, Executive Vice President (energy and carbon services) MITCON Consultancy Services.
He further elaborated that, "Each audit will take in 4-6 weeks and we will be doing 33 audits in one year. The total cost of the project is Rs.38 lakh and Electrical energy savings will be to the tune of 5 to 10% of total energy bill after the audit".
MITCON, a 25 year old consultancy organization promoted by financial institutions, banks and state organizations acts as a bureau of energy efficiency (BEE) approved energy auditor and has completed over 400 energy audits in India, Spain, Belgium and Seychelles. MITCON intends to orient REL's customers in the areas of energy efficiency improvement, leading to reduction in electricity consumption and their cost of bills.
In the present scenario, such initiatives are needed to reduce electricity shortages and pollution.
"The carbon market, which is growing at a fast pace in India and is estimated to be of USD 5 billion, has started to show its fruitful outcome for some industries. In the past few months, 62 Indian projects have received Rs. 29 crores with MITCON's assistance, of which 32 projects were from Maharashtra", Informed Mr. Deepak Zade, Executive Vice President, energy and carbon services, MITCON Pune.
Some of the companies that have received carbon credits include, Tata Motors Ltd., (about Rs.1524 lakh) Vanaz Engineers, (about Rs.18 lakh), Mahalaxmi Constructions (about Rs.35 lakh) , Alkyl Amines, (about Rs. 61 lakh) Saroj group of Industries (about Rs.100 lakh), RDS Constructions (about Rs.35 lakh) Mayura Steels, (about Rs. 31 lakh) etc. Apart from these, leading lenders of the Indian economy including State Bank of India, ICICI Bank, IDBI Bank, HDFC Bank have signed MOUs with MITCON for providing carbon credit services to their borrowers; this itself gives a kind of testimony of MITCON's success.
ABOUT MITCON CONSULTANCY SERVICES LTD. MITCON Consultancy Services Ltd, a Pune based consultancy organization provides complete solutions to develop a project that has the potential to earn carbon credits. MITCON also assists in the registration of the project with UNFCCC as well as in identifying buyers from the developed countries. Some of the companies that have received carbon credits include, Tata Motors Ltd, Ghodawat Industries, Vanaz Engineers, Alkyl Amines, Saroj group of Industries, Mahalakxmi Constructions Mayura Steels, Universal Starch, Hindustan Distilleries, Unique Sugars Ltd. MITCON is also engaged with several companies including, VRL Logistics, IPCA, Sterlite Industries, WMI cranes, Rajmal Lakhichand Jewelers, Ranka Jewelers, Asahi Glass etc for acquiring carbon credits.
There is a tremendous potential for the Indian industries to expand its monetary inflow through the use of environmental friendly technologies. With the proper guidance even a small-scale company has the potential to earn a huge sum.
