The industrial units
which participated in the National Energy Conservation Awards
Scheme 2002 of Ministry of Power have collectively saved 122 MW
of power besides an annual savings of 1.7 lakh Kilolitres of furnace
oil, 7.4 lakh metric tones of coal and 35,588 lakh cubic meters
of gas. The industry saved about Rs.594 crore against an investment
of Rs.691 crore. During the last 4 years the industry have collectively
saved 357 MW of power besides an annual savings of Rs.1752 crore.
National Energy Conservation
Day is celebrated every year on the 14th December.
The day is dedicated to reaffirming our commitment to make optimum
utilization of all forms of energy and to take steps to conserve
energy without affecting our developmental goals. This year, the
Awards would be given away by the Vice-President of India. There
are 30 Awards for the year 2002 which include one Excellence Award,
two Special Prizes, eleven First Prizes, nine Second Prizes and
seven Certificates of Merit.
An energy saving
potential of nearly 25000 MW has been assessed, which can be created
at less than one-fourth of the cost of new generation. The Energy
Conservation initiative will significantly supplement our efforts
to meet the challenge of power shortages. Economic benefits of
investments in energy savings measures are attractive in all sectors
of the industry with a payback period of investment ranging from
1-4 years. Energy saving is the cheapest option for improving
profitability and improving competitive edge of the industry.
National Energy Conservation Awards was launched to encourage
and motivate industrial units to make special efforts to reduce
energy consumption. The first Awards were given in 1991.
