UAE-based Tabreed to invest Rs 1,663 crore in Telangana
To develop 1.25 lakh refrigeration tonnes of cooling infrastructure for Hyderabad Pharma City
image for illustrative purpose
Hyderabad: The Telangana government has partnered with Abu Dhabi, UAE-based Tabreed, a global leader in cooling utilities, to develop best in class cooling infrastructure for industrial and commercial parks to reshape the cooling landscape in India.
This is set to revolutionise the pharma industry's cooling practices, contributing to a cleaner and greener environment for various bulk drug manufacturing facilities.
Starting with the award of the largest district cooling public-private partnership (PPP) project in Asia for Hyderabad Pharma City, Tabreed will invest Rs 1,663 crore ($200 million) to develop 1.25 lakh refrigeration tonnes of district cooling plants and networks, to provide more sustainable long term cooling services through a utility cooling as a service model for process cooling and storage requirements of industrial units.
The first-of-its-kind initiative will bring multi-fold benefits through integration of highly reliable solutions, superior cost-efficiency, and unprecedented economies of scale, resulting in 6,800 GWh of power savings and 41,600 mega litres of water savings, and paving the way for reduced greenhouse gas emissions by saving 6.2 million tonnes of CO2 over the project lifetime.
The State government also signed a Memorandum of Understanding with Tabreed to explore district cooling infrastructure in existing and upcoming commercial districts of Cyberabad and other mixed use development areas which offer potential to reduce over 200 MW of peak electricity demand resulting in CO2 reduction of 18 million tonnes over a 30 year period while mitigating heat island effect.
KT Rama Rao, Minister for Industries & Commerce and Information Technology, Telangana, said: “As we embark on a journey towards a more sustainable future, we are delighted to partner with Tabreed, exemplifying our commitment to environmental stewardship through embracing innovative and implementable solutions.”
The Minister further said, “By prioritising cooling as a key action area through cool roof policies and energy-efficient district cooling, we are shaping a greener and healthier environment for our communities by contributing significantly to our ambitious vision of making Telangana net-zero by 2047.”
Khaled Abdulla Al Qubaisi, Chairman, Tabreed, said, "The tie-up between Tabreed and Telangana represents a watershed moment in the evolution of sustainable infra development. By bringing our expertise in district cooling to the world's largest net zero pharma cluster, we are not only shaping the future of the industrial clusters, but also setting a powerful precedent for environmental responsibility.”
Sudheer Perla, Country Head, Tabreed India said, "Meeting our cooling demand through solutions that foster responsible and reduced energy consumption has emerged as a key priority in efforts to meet energy transition, security or sustainability goals for India, as is evidenced by the recent launch of District Cooling Guidelines by the Ministry of Power through the Bureau of Energy Efficiency.”
“We are thrilled to be leading this transformation with the Government of Telangana. Through this MoU, we aim to showcase the benefits of district cooling to drive sustainable infrastructure development in the region and contribute to Telangana's vision of becoming a model for eco-friendly urbanization,” he added.
