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Home Investment

Singh calls for ministerial committee on low carbon technologies

Fiinews by Fiinews
June 19, 2021
in Investment, Technology
Reading Time: 3 mins read
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PIB-Ministry of Power.

Singh chairing the virtual meeting on a high-level review of the power sector.

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Ministries directed to ensure wastage of energy is minimised

A Committee or Group is to be setup with members from all relevant Ministries for implementation of the Roadmap on Energy Efficiency and low carbon technologies, Minister of State for Power R.K. Singh said on 16 June 2021 after review of the power sector.

Calling for the committee, Singh noted that a concerted push for Renewables is already underway but called for strengthening of organizational structure of Bureau of Energy Efficiency in the states.

Singh, also Minister of State for New and Renewable Energy, reviewed the progress of various energy efficiency programmes and the preparedness for Climate Change Actions in the country at a high-level meeting held through video conferencing.

He chaired the meeting and discussed activities in the field of energy efficiency across all the sectors of the economy with the objective of reducing CO2 emissions.

Singh issued directives “to keep focus on sectors with highest emissions intensity such as Transport, MSMEs and Power plants”. He discussed the activities defined under the Mission document, ROSHANEE, which has been developed for implementing a series of Energy Conservation schemes across the country.

He advised the Ministries to take appropriate measures on the demand side initiatives to ensure that the wastage of energy is minimized and said that the deployment of low carbon technologies need to be taken up on a massive scale, especially in the MSMEs, where it is highly essential. Also, the Minister instructed all departments to push more aggressively “Electric Mobility”.

Singh stressed that for better implementation of all energy efficiency schemes, the institutional mechanism in Bureau of Energy Efficiency, a CPSU under Ministry of Power, would be strengthened. The State agencies will also need to be strengthened to scale up energy efficiency efforts.

Ministry of Power Secretary Alok Kumar highlighted that cooling sector, cold storage and cooking are key areas to focus on for successfully achieving India’s targets for CO2 emission reduction.

He also discussed possibilities of exploring shift of Goods movement from Road Transport to Railways.

He said that Power Finance Corporation (PFC) would be the nodal agency for facilitating Energy Efficiency Financing. PFC will also act as a knowledge-based champion organization for various financing programs. Financing for MSMEs remains a key challenge.

Director General, Bureau of Energy Efficiency, gave a presentation on Climate Change and India’s NDC Commitments as well as the actions envisaged under the Mission ROSHANEE.

Bureau of Energy Efficiency has developed two programs namely ROSHANEE and UNNATEE laying down the sector wise action plan for the period 2021-2030.

Mission ROSHANEE envisages various activities in the field of energy efficiency across all the sectors of the economy with the objective of reducing CO2 emissions by more than 550 million tonnes in the country by 2030 whereas UNNATEE is a working document having short term and long-term action plans for lowering energy intensity. #energy #OPEC #environment #climate #investment #technology /fiinews.com

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