Scheme cleared by PM to reduce annual energy consumption

New Delhi, August 24: Almost a month after clearing the Solar Mission, the Prime Minister’s Council on Climate Change today gave nod to National Mission on Enhanced Energy Efficiency enabling about Rs 75,000 crore worth of energy transactions that are likely to cut down annual energy consumption.

“In doing so, it (the mission) will, by 2015, help (the country) save about five per cent of our annual energy consumption and nearly 100 million tonnes of carbon dio-oxide every year,” Prime Minister Manmohan Singh said while approving the mission.

He said “our success in reducing the energy intensity of our growth will also reduce the carbon intensity of our growth. This will have a beneficial impact on our emissions trajectory,” according to a statement from Prime Minister Office (PMO) here.

Pinning hopes on the mission, Singh was of the view that its implementation would send a strong signal to the international community that “we are are willing to contribute in a significant manner to meeting the global challenge of climate change.”

The Prime Minister also emphasized that it must also have inbuilt provisions for monitoring and evaluation so as to ensure transparency, accountability and responsiveness, the statement added.

Energy Efficiency Mission is one of the eighth missions under India’s National Action Plan on Climate Change unveiled by Singh last year aiming to combat climate change threats.

—Agencies