CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: In the past decade, the energy efficiency sector in India has grown remarkably, powered by the government’s sustainability initiatives and rising awareness among consumers about the cost savings that efficiency can unlock.
Amid this growth, Mr. Sookrit Malik CEO Energeia shared about his company Energeia, an energy service company (ESCO) specializing in delivering energy and emission savings for large industrial and commercial facilities, has emerged as a key player in driving sustainability and efficiency in Indian industries. Offering a range of energy services tailored to the unique demands of its clients, Energeia has been instrumental in helping businesses like LG Electronics and The Leela Hotels reduce their energy consumption and carbon footprint.
Energeia’s core services include Energy Savings Performance Contracts (ESPCs), energy auditing, retrofitting, and advanced energy management system implementations. Through ESPCs, Energeia partners with facilities to identify, finance, and implement energy conservation measures, taking on the financial risk and sharing the energy savings. This model allows clients to upgrade their energy infrastructure with minimal upfront costs, paying for the improvements with future savings generated from reduced energy consumption.
Energy auditing stands as a foundational service, where Energeia’s team conducts comprehensive evaluations of a facility’s energy use to pinpoint inefficiencies and areas for improvement. These audits cover a wide range of aspects, from HVAC systems to Air Compressors and Boilers, ensuring a holistic approach to energy savings.
Retrofitting services involve upgrading existing systems with more energy-efficient solutions. By replacing outdated equipment and machinery, Energeia helps facilities lower their energy demand, achieve significant cost savings, and reduce their carbon footprint.