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The Confederation of Indian industry (CII) today said that Indian companies which took to energy conservation have managed to bring savings of Rs 3,300 crore.
Naushad Forbes, Vice President, CII, said top 200 Indian companies across various sectors, who actively took part in the national energy conservation initiatives and the CII Award Programme, have achieved savings of over Rs. 3,300 crore per year.
He said CII believes that Indian industry has the potential to successfully demonstrate energy savings of over Rs 15,000 crore per year and set new global benchmarks and standards.
K Pradeep Chandra, Special Chief Secretary, Government of Telangana and Naushad Forbes today felicitated 97 short-listed companies with the CII-National Awards for Excellence in Energy Management 2014.
Forbes further said that CII’s strategy of enabling Indian industry to become globally competitive through its Centres of Excellence is evoking excellent response. Now in its 15th year, this award programme has encouraged Indian industry on the path of energy efficiency.
CII is working closely with the stakeholders in promoting energy efficiency initiatives in the cement, pulp and paper, power and sugar sectors. This initiative is well positioned to develop 20 model world class units by 2017, Forbes said.
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