Tabreed To Invest $200 Million To Set Up Asia’s Largest District Cooling Project

In a significant development for sustainable infrastructure and environmental responsibility, Tabreed, an Abu Dhabi-based cooling-as-a-service provider, has unveiled plans for a massive $200 million investment. This investment is directed towards the development of a cutting-edge cooling infrastructure with a capacity of 125,000 refrigeration tons (RT) for Hyderabad Pharma City, a burgeoning hub for the pharmaceutical industry in India.

A Milestone in Public-Private Cooperation

Tabreed’s leadership, represented by its India head Sudheer Perla, engaged in discussions with a state government delegation led by Telangana IT and Industries Minister K T Rama Rao and Jayesh Ranjan, Secretary of IT and Industries for the Government of Telangana, to solidify their commitment to this transformative initiative. This endeavor marks a milestone in public-private cooperation, particularly in the domain of cooling services, with the goal of offering a groundbreaking model to multiple customers within a single campus.

Environmental Impact and Sustainability

One of the standout features of this initiative is its commitment to environmental sustainability. Tabreed estimates that this cost-effective cooling model will lead to significant reductions in power consumption and water usage. Specifically, it is expected to save a staggering 6,800 GWh of power and 41,600 mega liters of water over its lifespan. Additionally, it will contribute to lowering greenhouse gas emissions by saving 6.2 million tonnes of carbon dioxide. These numbers underscore the project’s potential to make a substantial positive impact on the environment and promote a greener and healthier community.

A Vision for a Net-Zero Telangana

Sudheer Perla highlighted the significance of prioritizing cooling as a key component of environmental action. Through measures such as cool roof policies and energy-efficient district cooling, this project aligns with Telangana’s ambitious vision of achieving net-zero emissions by 2047. By taking substantial steps towards sustainability, Hyderabad Pharma City and its collaborators are shaping a brighter, greener future for their communities and contributing to the global effort to combat climate change.

Expansion to Commercial Districts

In addition to its commitment to Hyderabad Pharma City, the Telangana government has also signed an MOU with Tabreed to explore district cooling infrastructure in existing and upcoming commercial districts, notably in Cyberabad and mixed-use development areas. This expansion has the potential to reduce over 200 MW of peak electricity demand, resulting in a remarkable reduction of 18 million tons of CO2 emissions over a 30-year period. Furthermore, it will help mitigate the heat island effect, ultimately bolstering Hyderabad’s reputation as one of the world’s premier cities.

Find More Miscellaneous News Here

 

Saurabh

Recent Posts

Which District of Haryana is Known as Brass City?

Haryana is a state in northern India known for its rich history and industrial growth.…

1 hour ago

Govt Should Include Coking Coal in Critical Minerals List: NITI Aayog

The NITI Aayog has recommended adding coking coal to India's critical minerals list, emphasizing its…

2 hours ago

UK and India to Relaunch FTA Talks in Early 2025: Strengthening Bilateral Ties

UK Prime Minister Keir Starmer announced the resumption of Free Trade Agreement (FTA) negotiations with…

2 hours ago

COP29 Tourism Sector Gains Global Support for Climate Action

COP29 marked a significant milestone in global efforts to address climate change within the tourism…

3 hours ago

Bali Celebrates Hindu Festival of Gratitude

Bali is home to a rich cultural heritage that blends Hindu philosophy, local animist traditions,…

3 hours ago

Which Indian State is Known as the Breadbasket of India?

India's states are known for their unique identities based on culture, geography, or contributions to…

3 hours ago