India to Set Industry Efficiency Targets by Dec 2010

By: Staff | September 8, 2009 | | No Comments

vIndianz.com (Sept. 08, 2009) — India is going to establish energy efficiency targets for more than 700 industrial units by December next year, which account for 40 percent of India’s fossil fuel use.

54561-1955PRMRWAjay Mathur, director-general of the Bureau of Energy Efficiency, said India’s energy efficiency market was worth about $15 billion which could generate energy saving of up to two percent of the country’s total energy use now.

He added that the 714 energy-intensive industrial operations had been identified from nine sectors, including power and cement, which would be measured on efficient use of energy.

The scheme is among a number of emissions reduction measures India has announced that could bolster the nation’s position ahead of a U.N. gathering in Copenhagen in December aimed at trying to win agreement on a broader pact to fight climate change.

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