Government emphasises upon energy conservation needs in the country

solar energyTuesday, December 16, 2014: Power Minister Piyush Goyal says that the adoption of energy efficient ways would help in reducing the electricity consumption and also in accumulating savings of worth Rs 500,000 million. While highlighting up on the importance of energy consumption, he said that all the government buildings in the country would be equipped with energy saving LED (Light Emitting Diode) bulbs within next two years.

He said, “India produces about 10,00,000 million units of electricity and if a ten per cent saving (energy) is made that can save 100,000 million units.” While speaking at the National Energy Conservation Day function in capital, Goyal noted that this much of savings would be equivalent to as much as ‘Rs 500,000 million’ savings which can perhaps be used to light up the residences of almost 50 million people, who are not getting the required electricity.

Considering that the energy conservation would contribute majorly towards the economic progress of the country, Goyal stated that the set target of 100,000 million units of electricity savings should be realised by 2015 end. Goyal said, “If we do it (using LED) in two years, the prices would also come down as economies of scale would be there.” He even suggested that the Corporate Social Responsibility (CSR) funds of the companies and be used towards this initiative.

- Advertisement -

During the function, there was also a suggestion about setting a toll-free number in each state, where the people can register their complaints regarding the wastage of power due to not switching off the street lighting system during day time, to which Goyal responded that the officials would be asked to make this toll-free number operational by 31 January’ 2015 for all the states and union territories. The minister has also launched the ‘energysavers.co.in’ portal, which has been set up to spread awareness about energy efficiency in the states.

- Advertisement -

Industry's Buzz

KuhlTherm Secures $1.1 Million Seed Funding for AI Data Centres

0
KuhlTherm develops precision liquid cooling systems designed to address the increasing thermal demands of AI and GPU-intensive workloads Ahmedabad-based precision liquid cooling startup KuhlTherm has...
Solar panels (representational image)

ACME Solar Secures Long-Term Finance for Solar-Plus-Storage Project 

0
The 20-year REC loan will fund a dispatchable renewable energy project connected to the interstate transmission network.  ACME Solar Holdings has secured ₹2,646.64 crore in...
TSMC

TSMC Lifts Capex and Revenue Outlook on Sustained AI Demand 

0
Record quarterly profit and stronger guidance underscore the chipmaker's confidence in long-term growth across the AI semiconductor market.  Taiwan Semiconductor Manufacturing Co. (TSMC), the world's...
Joshua Chien

Alpha and Omega Semiconductor Appoints Joshua Chien as Independent Director

0
Aiming to guide AOS’ future growth, technology executive Joshua Chien steps in as an independent director. Alpha and Omega Semiconductor Limited (AOS) has appointed Joshua...
Smartphone (representational image)

Memory Shortages Trigger 4% Decline in Global Smartphone Shipments 

0
Omdia says higher component costs and supply constraints are reshaping vendor strategies, with budget smartphones facing the greatest pressure.  Global smartphone shipments declined 4% year-on-year...

Learn From Leaders

Raja Rajeev Kumar, Mentor at IIT Startups, Chairman of the Board of Trustees, LaxmiRamaVarma Holdings International, and Founder and CEO, ChromoSoul Ventures

“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...

0
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...
Athil Krishna, Founder & CEO, iHUB Robotics

“We are building humanoid robots that can replicate human tasks.”- Athil Krishna, iHUB Robotics

0
This Indian startup is building humanoid robots from scratch. Athil Krishna of iHUB Robotics speaks with Nidhi Agarwal from Electronics For You about the...
Sandeep Patil, CTO, Yudu Robotics and RedNerds, India

“Meaningful learning happens when you start small and build through hands-on experience.”- Sandeep Patil,...

0
As robotics education shifts toward hands-on learning, integrated hardware-and-software platforms are becoming essential. Sandeep Patil from Yudu Robotics and RedNerds discusses with EFY's Nidhi...
Shri Amitesh Kumar Sinha, Additional Secretary, MeitY, and CEO of ISM

“Nodes Above 28nm Should Enter Commercial Production By 2028, 28nm Expected By 2029” –...

0
Launched in 2021 and operationalised in 2022, the India Semiconductor Mission (ISM) is driving India’s ambition to build a self-reliant semiconductor ecosystem spanning manufacturing,...

HYKON: Building for Energy Markets Before They Exist 

0
As India’s power ecosystem undergoes rapid change, innovators are being pushed to rethink how energy is generated, stored and delivered. In a sector where most...

Startups

Vicharak’s Development Boards That Fill The Gaps Left By Rapspberry Pi And Other Boards

0
This Indian startup is making edge AI hardware more accessible, equipping developers to build faster, smarter machines without high costs or reliance on the...
ThermoPod

Chiltier’s Personal Wearable Cooling System Based On The Peltier Effect

0
An India-based startup is turning thermoelectric technology into a portable, personal cooling system, delivering real-time body-temperature control through wearable devices—no air-conditioners, no large infrastructure,...
Athil Krishna, Founder & CEO, iHUB Robotics

“We are building humanoid robots that can replicate human tasks.”- Athil Krishna, iHUB Robotics

0
This Indian startup is building humanoid robots from scratch. Athil Krishna of iHUB Robotics speaks with Nidhi Agarwal from Electronics For You about the...
Semiconductor

Why Capability, Not Capacity, Is Driving India’s Semiconductor Investment Story

0
What separates semiconductor companies that attract funding from those that do not? As investor priorities evolve, proprietary IP, financial discipline and scalable business models...
Dhaval H Kotecha, Managing Director at RapidRadio

“Most Companies Import RFID Hardware. We Chose to Build It in India.” – Dhaval...

0
RapidRadio is driving India’s automation push with indigenous RFID readers and OEM modules. How did it turn RFID into the unseen engine behind tolling,...