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EESL signs deal to initiate trigeneration projects
New Delhi: Energy Efficiency Services Limited (EESL) has partnered with gas energy company GAIL to conduct trigeneration projects. The two parties will jointly undertake studies and if found viable, a 50:50 joint venture between GAIL & EESL will be incorporated to initiate trigeneration.
Trigeneration or combined cooling, heat and power (CCHP) involves the use of natural gas-fired generators to produce electricity. The waste heat from flue gas is recovered to produce hot water/steam, which in turn is used for heating purposes and also in absorption chillers for cooling.
Gail chairman Shri Manoj Jain said: “There is significant market potential for trigeneration projects in India, particularly small industrial and commercial sectors and office buildings.
“As the trigeneration business is at the initial stage, the collaboration would enable us to take first-mover advantage in the trigeneration business similar to GAIL’s city gas business.”
He added that it would also “push gas usage in new applications which is in line with GAIL’s Strategy 2030. Accordingly, the strategic partnership between GAIL & EESL is a win-win situation for both companies.”
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