Business Daily from THE HINDU group of publications Sunday, Sep 21, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Electrical Goods Fan units to get new standards from energy efficiency body Our Bureau Kolkata, Sept. 20 The Bureau of Energy Efficiency (BEE) is to shortly issue a notification suggesting raising of energy efficiency parameters for fans manufactured in the country, according to Mr Sunil Wadhwa, Chairman, Indian Fan Manufacturing Association (IFMA) and Managing Director of Usha International Ltd. The adoption of new parameters would be voluntary for six months from the issue of notification and made compulsory thereafter, Mr Wadhwa said while addressing the association’s annual general meeting here. The implementation of the new standards would help to save between 15 and 20 per cent electricity in new fans while conserving over 30,000 MW of electricity over the next five years in the country, he observed. “The service value for fans would be raised to over 3.2 from the existing average value of 2.5,” Mr Wadhwa said, adding that the particulars for the new standards were currently being worked out by IFMA in association with BEE and the Bureau of Indian Standards. The unorganised fan-manufacturing sector, however, may find it difficult to meet new parameters, he observed. IFMA is represented by eight leading fan manufacturers in the country and together they produced 21 million fans annually, representing 60 per cent of the total market, he said pointing out that the market for the organised fan manufacturers was growing at 16 per cent annually. NEW PARAMETERSThe new parameters may include usage of more copper wires, better moulds and dies, increasing the stack heights in fans, etc, he pointed out. This may increase production cost for the companies by 5-10 per cent, which may be passed on to the consumers through a hike in prices, depending upon existing standards by different companies, he added. IFMA is also in talks with the Director General of Foreign Trade to increase duty drawbacks for ceiling fans from eight per cent to 14.3 per cent as a part of export incentive. Only 10 per cent of fans manufactured are exported currently, he pointed out. The notification would also include more stringent parameters, already in force for refrigerators, air conditioners and fluorescent lamps, for the manufacturers of other electrical appliances such as pumps, motors etc, he added. More Stories on : Electrical Goods | Standards & Benchmarks
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