EESL launches market assessment study for Super-Efficient ACs

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New Delhi, March 17 | Energy Efficiency Services Limited (EESL), a joint venture under the Union Ministry of Power with support from the Global Environment Facility (GEF) and UN Environment Programme (UNEP), had launched a market assessment study for Super-Efficient ACs.

A report on District Cooling Potential in India was also launched in collaboration with UNEP, GEF, District Energy in Cities initiatives, EMPOWER Energy Solutions and Copenhagen Centre on Energy Efficiency with PwC as a knowledge partner.

Both the studies explore the adoption of efficient and climate-friendly technologies for the urban cooling and Room Air-Conditioning (RAC) sector which can potentially reduce the energy requirements and environmental impacts associated with their use. These studies are an attempt to augment the objective of India Cooling Action Plan (ICAP).

India is the second fastest growing economy in the world. Increasing income levels, urbanization and rising temperatures have led to a growth in demand for room air conditioners (RACs). The market assessment study for Super-Efficient ACs provides a comprehensive overview of trends in Indian and global RAC market and analyses RAC component pricing, financing mechanisms, business models and go to market strategies to scale up the deployment of Super-Efficient Air Conditioner (SEAC) program in India.

The national cooling demand for space cooling in new commercial buildings or similar, lies in the range of 110 million tons of refrigeration (TR) by year 2037-38. The district cooling study estimates that by 2038 approximately 51 million TR of the national space cooling demand could theoretically connect to district cooling systems. If this level of demand were served by district cooling, it would reduce the need for up to 22GW of power capacity and reduce 27 million ton of CO2 emissions annually.

However, very strong policies and regulatory mechanisms would be required to trigger such market development and the study projects a more realistic scenario that 13 million TR is established by 2038 albeit still with significant policy support, the study noted.

Geeta Menon, Joint Secretary, Ministry of Environment, Forests & Climate Change, Government of India, said, “As one of the first nations to release a cooling action plan, India has been early to acknowledge the role of cross-sectoral policies and technologies to address rising need for cooling. The cooling demand of citizens and institutions alike must be considered, in depth, to identify solutions that not only ensure low-emission, low-carbon solutions, but also enable cooling access for all.”

With the country’s growth, the demand for cooling has also rapidly increased. The ‘National District Cooling potential study for India’ undertakes a detailed exercise of estimating India’s future space cooling demand and how much of that space cooling demand can be tapped by district cooling systems in India’s largest cities. The report also indicates District Cooling System (DCS) as a proven technological solution, which has already been working in different cities worldwide. DCS contributes as a driver of urban sustainability, particularly when considered during the urban planning stage, and enables to integration of local, renewable and waste energy sources. A steering committee for development of DCS in India have also been constituted by the Bureau of Energy Efficiency (BEE) and Ministry of Environment, Forest and Climate Change (MoEFCC) to which, EESL has been appointed as the convener.

India currently has single ownership central cooling and ventilation plants; wherein completely private business models have been adopted. Given the current situation, hybrid ownership, which has the option of transferring the risk away from a single party, has the potential in addressing the technical, financial and capacity related barriers associated with DCS implementation and can deliver better risk sharing between private and public sector. Hybrid business models with an emphasis on PPPs and joint ventures should be prioritised and tested in the Indian context and could benefit from special power and water tariffs, financing options for district cooling service companies and should have involvement of expert contracting firms for various types of contracts and structuring, the report said.

Speaking at the event, Rajat Sud, Managing Director, EESL said “”Cooling represents for EESL the largest potential in energy efficiency savings, and these two studies are seminal in establishing policies, programmes and business model which can take this forward. In the RAC space, we have firmly established the Super Efficient AC which has 20 per cent higher efficiency than 5-star rated AC. It is opportune that the study is being launched while we enrol private sales agents for promoting sales of these ACs at the same price as 5 star ACs.”

Source: IANS

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Handicraft Furniture setting a new trend in the interior and home décor industry

Handicraft Furniture setting a new trend in the interior and home décor industry

Furniture is one of the most prominent and significant aspects of any space. It adds a distinct depth and feel to the décor and enhances its beauty to the next level. Conventionally furniture was considered only as a side element while designing an interior. However, today the trend has changed; the limelight is on the furniture and furnishing elements. Young interior designers and architects are giving utmost importance to furniture and are heavily investing their time and efforts to get the best furniture for modern urban spaces.

Antique Handicraft Furniture

Saharanpur – the furniture city of India is renowned for its explicit patterns, wide motifs, and creativity. The city is home to some of the most skilled and proficient artisans and craftsmen. These creative enthusiasts are known for their attention to detail, intricate carving, and eye for perfection. The finishing and look of the furniture created in this city are beyond comparison. Craftatoz is one of the reputed furniture manufacturing companies in India. Established in the year 1989 in Saharanpur, the company has more than 300 trained and skilled workmen. The antique and eternal furniture created by Craftatoz sets the perfect symphony of texture and gives your space a stunning and grandeur appearance.

Furniture artefacts are one of the worthwhile investments. It not only augments the overall appearance of your room but also meticulously sets the whole ambience. The novelty and ethnic feel of antique furniture make it highly popular amongst the masses. The designers and interior decorators are hunting unique and exquisite antique furniture that connects one with the Indian roots. Craftatoz is one of its kind of handicraft furniture manufacturing company striving to preserve the Indian handicraft industry and introducing artistic handicraft furniture that is spectacular and awe-inspiring.

Preserving the art of Handicraft

Handicraft furniture online is a part of Indian heritage and culture from the Britishers time. Handicraft furniture speaks volumes about our rich history and love for art. Handicraft furniture is an integral part of our interiors and gives your premise an elegant touch. However, over the period of time with the introduction of modernization and machine-made furniture, the significance of handicraft furniture has been also affected to a great extent.  Furniture giants like Craftatoz are exerting themselves to promote the artisan’s talent and preserve the art of handicraft. They are bringing handicraft furniture to modern homes and preserving our legacy. Handicraft furniture is a seamless combination of modern art, style, and antiquity. They are unmatched and a true epitome of sophistication.

Handicraft furniture suits your décor and adds more splendor to it

The latest global trend in home furniture and decoration is Handicraft Furniture. Décor with the layer of Indian handicraft products and furniture creates an interesting décor and creates an impeccable melody of texture, color, fabric, styles, etc. Antique handicraft furniture in the form of mirrors, center table, jharokhas, Chandeliers, key holders, table lamps, corner tables, and much more. Handicraft Furniture is true alchemy of style and poise. They are an ideal fit for any modern urban or conventionally designed abodes. The handicraft wooden furniture celebrates luxury and creates a lavish feel.

The matchless collection of handicraft furniture

Handicraft furniture is never outdated. They are timeless and always in fashion. Other furniture styles may come and go but the love for Indian handicraft and artistic furniture is increasing at an enormous rate. A true lover of Indian culture and exclusive products is sure to get impressed by the sumptuous range of handicraft furniture offered by Craft atoz. The handicraft furniture can truly revamp your furniture and add a gleam to your interiors. Handicraft furniture is available in size, style, and pattern. The availability of premium grade handicraft furniture collection has led to an immense increase in the demand and utility of the same. Interior designers and décor experts are incorporating handicraft furniture to create a comprehensive mood of the space and give it a cutting-edge.

Taking furniture industry to newer heights

Like every industry, the furniture industry has also witnessed several ups and downs. The trends in the furniture industry are ever-evolving. There are continuous introductions and upgrades in this sector. However, the heart of the furniture segment is still ‘Handicraft Furniture’ the simplicity, quirkiness, antique touch, regal patterns and immersive feel of handicraft furniture still continue to mesmerize everyone with its grandeur and sheer opulence.

Handicraft furniture is at the pedestal and gaining substantial attention worldwide. They are widely acknowledged as one of the most reputed, credible, and authentic Indian art forms. The handicraft furniture reflects the legacy of the country and opens new avenues for Indian craftsmen and artefacts. Craftatoz with an aim to provide these artists global exposure and widespread Indian culture to every corner of the world brings a well-thought, finely detailed range of handicraft furniture that creates the cult and sets new milestones in the world of online furniture.

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