Tamil Nadu mulls green bonds for sustainable infrastructure projects
3 weeks ago

Tamil Nadu mulls green bonds for sustainable infrastructure projects

New Indian Express  

CHENNAI: Tamil Nadu is looking at issuing green bonds for sustainable urban infrastructure, including district cooling systems — centralised plants which could cool entire buildings by passing chilled water through a network of pipelines. A report titled Opportunities for District Cooling System in Tamil Nadu, which was submitted to Chief Minister M K Stalin recently has recommended the state take a leaf out of the Singapore model wherein green bonds are issued for such projects. The report suggested property tax rebates, reduced power tariffs or capital subsidies for developers implementing district cooling in high growth areas such as the Chennai IT Corridor or TN industrial estates. Citing example of Tabreed, an Abu Dhabi-based district cooling provider, where a company is given exclusive rights to provide cooling services in specific urban areas, the report suggests that TN retain regulatory authority but allow concessionaires operational control.

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History of this topic

State Planning Commission suggests District Cooling System to promote energy efficiency and sustainability
4 weeks ago

State Planning Commission suggests District Cooling System to promote energy efficiency and sustainability

The Hindu  

To minimise the burden on electricity grids and promote energy conservation, a District Cooling System is being strongly considered as an alternative environment-friendly cooling solution, according to an analysis by the State Planning Commission. The panel’s report said DCS could help Tamil Nadu sustainably manage water through effective reuse, lowering heat island effects, providing sustainable cooling for all, and reducing …

Sustainable cooling solutions a $1.6 trillion potential market for India: WB
1 year, 1 month ago

Sustainable cooling solutions a $1.6 trillion potential market for India: WB

Deccan Chronicle  

Chennai: Sustainable cooling solutions, which include “green” refrigerants, super energy efficient ACs and fans, and thermal comfort in buildings, offer a $1.6 trillion potential market for India, finds the World Bank. India will account for 25 per cent of global energy demand growth in the next two decades and is set to overtake the European Union as the world’s third-biggest …

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