Telangana Renewable Energy Capacity Increased!
TSREDCO (Telangana State Renewable Energy Development Corporation) organised the ‘Investment Bazaar for Energy Efficiency' in Hyderabad in association with the CII (Confederation of Indian Industry) and BEE (Bureau of Energy Efficiency ) with an objective to bring together all the stakeholders on 1 platform to deliberate and share best practices in energy efficiency and financing options for energy efficiency projects.
Energy service companies, financial institutes, original equipment manufacturers, and govt and private officials attended.
TSREDCO Chairman Y Sathish Reddy, Shyam Sundar Joint Director Bureau of Energy Efficiency, Piyush Dutt Pandey Manager Power Finance Corporation, MD, and Vice Chairman TSREDCO N Janiah and officials from various States and Central government bodies were present.
Bringing financial institutions and industries under one roof for discussions on energy-efficient projects was said to have been a key benefit of the platform.
Speaking on occasion, Sathish Reddy said the Telangana government was strongly committed to bringing rapid change in the energy sector by encouraging energy efficiency investments.
According to him, TSREDCO is going ahead with the construction of a net zero energy building spread over 2591 Sq.mtrs which is a first-of-its-kind and fully environment-friendly office building.
As of today, Telangana has a renewable energy capacity of 5400 MW, up from 70 MW when the state was formed in 2014.