ESCO

Energy Service Company(ESCO) route is an innovative option for bringing in energy efficiency in energy intensive applications where an ESCO comes into picture to design, install and finance the energy efficiency measures required to reduce energy bills and the maintenance costs. The ESCO recovers its expenditures from mutually agreed share from the savings in the electricity bills.

ESCO project has been implemented in MC, Hisar & HUDA, Panchkula by M/s Asian Electronics Ltd., Delhi & M/s Pranat Engineers Pvt. Ltd., Delhi respectively.

Particular	HUDA,PKL	MC-HISAR
Date of start of project	27.5.08	12.5.08
Date of completion of project	31.3.09	30.10.08
No. of street Light points	5273	5405
Annual Energy Consumption	25. 64 LU	24.97 LU
Annual Energy Saving	16.96 LU (66.15%)	14.81 LU (59.30%)
ESCO Share	77%	88%
Owner Share	23%	12%
Annual Share in Energy Bills	Rs. 76.83 Lacs	Rs. 67.00 Lacs
Peak load reduction	465 kW	405 kW
Avoided O&M cost	Rs. 44.10 Lacs	Rs. 9.97 Lacs
Contract Period	8 years	6 years
Project cost (Rs.)	4.76 crores	3.54 crores

A study carried out by the Department in MC, Hisar has indicated that the street lights in the MC, Hisar area are now well maintained, roads are well lit and people are happy. During the trial operations, it has been found that the project shall result into annual electricity saving of 14.807 Lacs units translating into a saving of Rs. 67.0 Lacs in the electricity bill of Municipal Corporation, Hisar annually.