Pilot – An ESCO-based Financial Model in the Ankleshwar Chemical Cluster in Gujarat

Pilot – An ESCO-based Financial Model in the Ankleshwar Chemical Cluster in Gujarat
Sector:Energy Efficiency Undertaken By:The Energy and Resource Institute Year Published:2017

Electric motors account for 70% of overall electrical energy consumption in industries. Even when more efficient motors are available in the market, industrial units, particularly Micro Small and Medium Enterprises (MSMEs), continue to use motors of lower efficiency. To encourage the adoption of energy efficient motors, Shakti supported The Energy and Resources Institute (TERI) to implement an ESCO-based financial model in a few MSME units in the Ankleshwar chemical industry cluster of Gujarat.