The state-owned EESL and MECON Ltd will work together to implement various energy efficiency and resource conservation measures in the steel and related mining sectors. Energy Efficiency Services Ltd (EESL), a joint venture under the Department of Energy, has signed a Memorandum of Understanding (MoU) with MECON Ltd, a public sector entity under the Ministry of Steel.
Through this association, EESL and MECON will work together to implement solutions related to energy efficiency, clean energy and other ancillary services in the steel and mining industries, the statement said.
“Our experience with the world’s largest energy efficiency portfolio and technical support from MECON will provide significant energy savings and environmental benefits,” said S.P. Garnaik, CEO (lighting) EESL.
Through this partnership, EESL and MECON aim to jointly tackle solutions such as retrofitting LED lights, deploying energy efficient motors (type IE3) instead of conventional motors, and transporting electric vehicles with the necessary charging infrastructure in the steel industry.
“We welcome cooperation with EESL as their unique and extensive experience in energy efficiency and clean energy, as well as MECON’s credible presence and extensive experience in the iron and steel sector, will help in developing efficient and energy-saving projects,” R. H. Junja said. financial director. MECON, the message says.
The two companies will also work together to implement clean energy and retrofit initiatives, as well as products such as ultra-efficient air conditioning systems, technologies to improve indoor air quality, safety and efficiency in buildings / facilities in various sectors, including the steel industry. industry.
EESL and MECON will explore options for realizing energy saving opportunities and conduct pilot studies of end-to-end technologies, especially in the steel and mining industries.
In addition, EESL and MECON will also provide technical training for plant managers on a variety of topics related to energy management, maintenance management, water management and safety.
A joint venture between NTPC Limited, Power Finance Corporation, Rural Electrification Corporation and POWERGRID, EESL, was created under the Department of Energy to promote energy efficiency projects.
MECON operates in sectors such as metallurgy, electricity, oil and gas, infrastructure and other strategic sectors such as nuclear minerals, defense, aerospace, etc.