Tabreed, GIZ Partner to Accelerate Adoption of Energy-efficient District Cooling Solutions in India
Leading cooling player Tabreed has signed an MoU with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) through the ‘Energy Efficient Cooling’ programme.
Tabreed says that this initiative is jointly implemented by GIZ and the Bureau of Energy Efficiency (BEE), to continue working together in catalysing the market, to drive adoption of energy-efficient district cooling systems and thermal storage solutions in India.
As such it aligns with the country’s Nationally Determined Contribution under the Paris Agreement to adopt a climate friendly approach to development.
Tabreed held that by 2050, cooling could be responsible for 60% of peak energy demand in India. Drawing upon GIZ’s proficiency in sustainable development strategies, notably its collaboration with BEE on district cooling guidelines, and the firm’s unrivalled experience in the industry, the partnership aims to promote widespread adoption of energy-efficient district cooling systems to deliver on sustainable and holistic economic and human development in India.
Through this alliance, Tabreed and GIZ will work together to complement each other’s global and local expertise across three broad focus areas. First, to facilitate bilateral exchange between governments to strengthen national and regional policy, regulatory, legal, and institutional frameworks in support of the development of district cooling markets.
Second, to democratise Cooling as a Service across key urban, educational and industrial clusters through collaborative project development. Third, to support other ongoing initiatives to build human, institutional and corporate capacities at regional, national and local levels through unique and innovative training workshop formats, supplemented by exchange visits to plants for participants across the value chain, including policymakers, developers, urban planners and consultants.
Sudheer Perla, MD, Tabreed Asia said, “Over the past five years, Tabreed has steadfastly pursued the development of district cooling markets in India. Tabreed, in a joint venture with the International Finance Corporation (IFC), established an investment platform committing to invest up to $400 million in India and Southeast Asia.”
Nitin Jain, Programme Head, Energy-Efficient Cooling, added, “our partnership with Tabreed couldn’t have come at a better time. As India strides toward a sustainable future with a bold vision for sustainability, the role of district cooling becomes more pivotal than ever.”
Commenting on the partnership, Arijit Sengupta, Director, BEE, held, “Our collective aim is to forge a path towards sustainable cooling solutions that mitigate the environmental impact while simultaneously driving economic growth and societal well-being.”
