New Delhi: State-backed Bureau of Energy Efficiency (BEE) is leading the government’s efforts to set energy efficiency benchmarks and to have policies that will reduce the carbon intensity of the economy. Abhay Bakre, director general, BEE, explains in an interview how the energy efficiency industry is evolving. BEE has institutionalized a “partial risk guarantee fund for energy efficiency” and venture capital fund for energy efficiency for addressing the debt-related issues in financing energy efficiency projects. Many outreach programmes for promoting awareness about energy efficiency, climate change and energy saving have also been held. We are now preparing a “national strategic plan for energy efficiency” which will lay down the country’s energy efficiency potential and an implementation framework.

Source: Mint March 11, 2018 19:18 UTC