Four companies in race for energy saving project in Vadodara

for outsourcing of its energy auditing.

Subodh Shah,Executive Engineer in the Street Light Department,said ESCO is a popular concept in the western countries. Tender for the project will be floated by April 25.

“We had invited the Expression of Interest (EoI) but the response was not encouraging and that is why EoI was invited again. This time,we received response from four companies based in India and abroad,” Shah told The Indian Express.

The companies are Citelum SA from France,Ahmedabad-based Saket Projects Energy Limited,Mumbai-based Epic Energy Limited and Vadodara-based Instruments Universal.

“The company giving us the maximum energy saving will be finalised. We are spending Rs 10 crore annually on energy consumption and Rs 1 crore additional

on maintenance. We are expecting at least 50 per cent saving. Once the system is implemented,it would be replicated in other municipal corporations in the state,” Shah said.

He added that as per the understanding with the Gujarat Urban Development Company,the civic body will carry out the project for seven years. The company,which will be given the contract,will be responsible for taking initiatives like installation of energy saving equipment and implementation of the plans to save on the energy consumption.

“Of the total money saved through energy conservation,20 per cent would be shared with the VMC and seven per cent would be spared for the project implementation charges,” he said.