June 30, 2017: The Indian High Commission building in central London has been lit up with energy efficient tricolour LED lighting that are energy efficient and will lead to cost savings.
An agreement between India’s Energy Efficiency Services Limited (EESL) and the Indian High Commission in London was signed during the UK visit of Piyush Goyal, India’s minister of Power, Coal, New & Renewable Energy and Mines, in May 2017.
The Indian High Commission building became the first to sign an energy efficiency contract with EESL.
As per the contract, EESL will install 1,700 LED lights At India High Commission building. The installation of these energy efficient LED lights will lead to annual energy saving of 147,000 units. It will reduce cost of maintenance by 23,000 pounds over seven years, an EESL statement said.
“The Indian High Commission building will be turned energy efficient by retrofitting LED lights inside the building as well as the façade lighting, which will lead to 66 per cent reduction in energy consumption,” the statement said.
Implementation of the LED program will result in energy savings, which will then be monetised. EESL will be paid fixed amounts per kWh after the completion of the LED project. The savings achieved will be reviewed by an authorised measurement and verification (M&V) organisation. The project duration is for seven years, within which EESL also provides operational maintenance of the installed lights.
“EESL, under the administration of the Indian government’s Ministry of Power, is working towards mainstreaming energy efficiency and is implementing the world’s largest energy efficiency portfolio (worth 5.6bn pounds over a period of three years) establishing 20-fold growth,” EESL said.