(PRWEB UK) 22 September 2014
LR Management Systems (LRQA) in India has recently completed its first phase of a newly launched product, Energy Efficiency Assessments (EEA). Assessments have been carried out at three manufacturing facilities located in South India; two of which are engaged in cement making (JK Cements in Muddapur and ACC Cements in Kudithini) and one in metal grinding (Sri Kaliswari Metals Pvt Ltd in Madurai).
These assessments have been developed to evaluate energy performance aimed at identifying Energy Conservations Measures (ECM). Whilst most energy efficiency products and consultancy services currently available in the marketplace stop at value identification (identifying potential opportunities for energy reductions/savings), LRQA’s service provides for value creation (phase two – system improvement, training and project management) and value protection (phase three – monitoring and verification).
The assessments have been conducted by a team of LRQA experts in energy usage, management systems and project management with the objective to identify rapid energy saving potential and to provide a road map for the respective organisations to reduce their energy costs.
A total of 39 ECMs were identified that include potential opportunities ranging from ‘no cost’ measures, through to those that would require significant capital expenditure. When implemented, they would help LRQA’s clients to achieve a combined cost saving of over INR 55.7 million (approx. 1 million USD) and a saving of 40 million kWh of electricity annually resulting in significant reduction of CO2 emissions.
Given that the Indian Government is driving energy efficiency through the Energy Conservation Act and is in the process of implementing the much awaited Perform Achieve and Trade (PAT) programme, where over 700 designated consumers would be required to work towards achieving set energy consumption targets, LRQA India believes the product has significant business potential in what is an energy-hungry market.
According to Krishna Nair, LRQA’s Operations Manager for South West Asia, “With ever spiralling energy costs, there is increasing pressure on Indian companies - especially those that operate energy intensive manufacturing processes - to review their systems and processes and make these more energy efficient to remain cost effective in today’s competitive business environment. By providing an independent assessment that combines a review of management systems, production processes and technology improvements, LRQA’s new EEA service is able to help companies achieve their energy goals in the most cost-effective and sustainable manner.”
LRQA India already possesses the relevant experience and technical expertise to work at the supply end (generation and transmission) of energy management through its validation and verification services for various project based climate change schemes including the Gold Standard & Verified Carbon Standard. This new product extends LRQA’s services to cover the demand end (consumption) of the energy value chain.
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Notes to editors
About LRQA
LRQA is a member of the Lloyd’s Register group. LRQA is a leading independent provider of assurance services including assessment, certification, validation, verification and training across a broad spectrum of standards and schemes.
About Lloyd’s Register
Lloyd’s Register (LR) is a global engineering, technical and business services organisation wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. Founded in 1760 as a marine classification society, LR now operates across many industry sectors, with over 9000 employees in 78 countries.
Lloyd’s Register has a long-standing reputation for integrity, impartiality and technical excellence. Our compliance, risk and technical consultancy services give clients confidence that their assets and businesses are safe, sustainable and dependable. Through its global technology centres and research network, Lloyd’s Register is at the forefront of understanding the application of new science and technology to future-proof its clients’ businesses.
