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Project: BEE-TERI set up CoEET in Hyderabad

Fiinews by Fiinews
January 25, 2025
in Projects
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Centre for India to achieve SDG, says Minister

The Bureau of Energy Efficiency (BEE), Ministry of Power, and The Energy and Resources Institute (TERI) have signed a landmark Memorandum of Understanding (MoU) to jointly establish a Centre of Excellence for Energy Transition (CoEET).

 The CoEET will be housed at TERI’s Institute of Energy Transition (IoET) at its campus in Hyderabad https://mnre.gov.in/.

The MoU signing ceremony took place on 24 Jan at Hyderabad in the presence of Power Minister Manohar Lal and Telangana Chief Minister A. Revanth Reddy as well as senior officials from the Ministry of Power, BEE, TERI and the State Government (see picture).

Power Minister Manohar Lal, said on 24 Jan, “The Centre of Excellence for Energy Transition is a bold and transformative initiative that underscores India’s commitment to achieving sustainable development goals https://www.iea.org/.

“By fostering cutting-edge research, collaboration, and innovation, the Centre will act as a catalyst for clean energy adoption, enabling us to lead the global transition to a low-carbon economy. This partnership between BEE and TERI sets a benchmark for future collaborations in the energy sector https://unfccc.int/.”

This collaboration is a significant step toward advancing India’s energy transition efforts and fostering sustainable development.

The Centre of Excellence for Energy Transition is envisioned as a world-class knowledge hub designed to promote research, innovation, and capacity-building in energy transition technologies and policies http://powermin.nic.in.

With its foundation rooted in collaboration among corporates, industries, and academia, the Centre will facilitate groundbreaking advancements in technology development, assessment, and adoption.

By fostering partnerships with national and international organizations, the Centre aims to enhance India’s capabilities in addressing energy transition challenges and developing solutions that align with global sustainability goals.

The CoEET will conduct comprehensive research and studies across various sectors to reduce greenhouse gas emissions, improve energy efficiency, and promote the adoption of low-carbon technologies. Its scope will include exploring innovative solutions for emission reductions in industries, MSMEs, buildings, transport, power, and mining sectors http://powermin.nic.in.

The Centre will also focus on advancing energy-efficient technologies such as motors, HVAC systems, advanced boilers, smart manufacturing, and waste heat recovery systems.

Furthermore, the Centre will support the formulation of policy and regulatory recommendations for building codes, energy performance standards, and appliance labelling while promoting circular economy practices and integrating advanced technologies such as artificial intelligence and real-time energy monitoring https://sbi.com.in/.

As part of its mandate, the Centre will contribute to enhancing energy efficiency in power generation, transmission, and distribution systems to minimize losses and support India’s energy security goals.

TERI’s Institute of Energy Transition will oversee the operational management of the Centre, with governance provided by a board comprising representatives from TERI, BEE, and the Ministry of Power. The Bureau of Energy Efficiency has committed to providing financial support to facilitate the establishment and functioning of the Centre.

TERI will contribute its existing infrastructure at its Hyderabad campus and lead the operational activities to achieve the Centre’s objectives.

The CoEET stands as a testament to the power of partnerships between government bodies and research institutions in tackling global climate challenges, the Ministry said.

By advancing knowledge, fostering innovation, and building capacity, the Centre is poised to play a pivotal role in India’s transition toward a sustainable and resilient future, added the Power Ministry. Fiinews.com

Tags: Ministry of Power
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