Schneider Electric launches Energy Efficient Products For residential Market
With an eye to target Green Building market in India, Schneider electric, a global leader in energy management and automation, launched Automatic Power Factor Corrector (APFC) panels and Automatic Harmonic Filter (AHF), the products which will help in energy saving up to 30 per cent.
"India is a strategic market for us. We are launching on Friday two products -- Automatic Power Factor Corrector (APFC) panels and Automatic Harmonic Filter (AHF). The two products will help in energy saving up to 30 per cent compared to traditional solutions," Schneider Electric India MD and Country President Anil Chaudhry told reporters here.
APFC panel is available at an average rate of Rs 1.5 lakh and AHF for Rs 2.5 lakh and both these products are based on IoT-enabled technologies and solutions, which can make the building, smarter and more energy efficient.
"Schneider Electric recently became the first company in India to introduce the most comprehensively tested APFC panels for buildings, fully compliant with international safety certifications like IEC 61921 and IEC 61439-1 and 2," he added.
The company which is already involved in many smart cIties projects and with this launch, it will be able to cater to the residential sector as well.
Schneider's launch of new innovative products to promote green buildings comes in the light of the Energy Conservation Building Code 2017 (ECBC 2017) recently launched by the Ministry of Power, in association with Bureau of Energy Efficiency (BEE), mandating the energy performance standards for new commercial buildings to be constructed across India.
The adoption of ECBC 2017 is estimated to translate into a 50 percent reduction in energy use by 2030. This will help save about 300 Billion Units of energy by 2030 and peak demand reduction of over 15 GW in a year. This will be equivalent to expenditure savings of Rs. 35,000 crore and 250 million tonnes of CO2 reduction.
"We are keen to support the government in achieving its energy efficiency vision for buildings. Globally, buildings contribute close to 40 percent of CO2 emissions, which is mostly invisible but inspire us to formulate strategies to mitigate the harmful effects of climate change," said Chaudhry.
Given the government's thrust on infrastructure development and increasing urbanisation, almost three fourth of the buildings to be constructed in India by 2030 are yet to be built. With the awareness about green buildings on the rise, along with favorable policies, a major portion of these buildings will be green buildings.
He added that Schneider Electric is already executing an Electrician Training programme under the skill development project and has trained more than 50,000 electricians across India. The company is planning to open training centres in 500 districts across the country.
The company has 28 manufacturing facilities in the country and products made at the facility are exported to 24 countries.
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