In its quest to achieve comforts and luxuries of life mankind has exploited Mother Earth and the Environment. Green House Gases, Global Warming, Ozone Layer are terms which were not so popular a few years back are now household terms. Fossil fuels which still lead the power generation scenario are depleting faster and are primarily responsible for environmental impact. It is only recently that Renewable Energy Sources have gained significant prominence in the Power landscape in India.
In the Indian context – where Power deficit is anyway a huge problem – renewable energy sources and energy efficiency will play a crucial role in the growth story as energy is indispensable for growth. Presently renewable energy accounts for about 35-40% of Power Generation and this number is expected to rise rapidly in lieu of Environmental Concerns. This is also backed by improved technology and falling costs of power generation through renewable sources, especially PV Solar. With availability of several financing options it is easier than ever before to go Solar and claim various benefits including 40% Accelerated Depreciation under Indian IT Rules.
Majority of the Industrial plants use a variety of raw material with energy being one of the higher cost components. Energy / Power is one of the components which can be easily controlled as against other raw material costs which are primarily market-driven. Energy Optimization in your plant can thus have a direct impact on your profitability. Based on our studies and evaluations it is possible to save 3% to 7% (depending on a variety of factors) on Specific Energy Consumption of a plant. A detailed Energy Audit by an expert Company is a sure shot way to stay ahead of competition and improve your profitability.