The MoU among FICCI, Energy Efficiency Services Limited (EESL) and Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) of Germany will explore the feasibility of implementing a project on trigeneration -- simultaneous production of electricity, heating and cooling -- at the FICCI headquarters building here, the chamber said
Through the MoU with EESL, FICCI will support the EESL initiative to develop a power market for optimal utilization of energy and existing resources.
EESL is a joint venture of four state-run units -- NTPC, Powergrid Corp, Power Finance Corporation and Rural Electrification Corporation.
Such initiatives are considered important by experts in context of the fact that India is already the world's fourth-largest consumer of energy, while strategies for enhancing energy efficiency and renewable energy use are increasingly becoming the focus of India's energy policy.
--IANS (Posted on 26-08-2013)