Efficient use can save up to 21pc energy cost

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Economic Reporter :
Bangladeshi companies can reduce the use of fuel by up to 16 percent helping to cut the cost up to 21 percent along with 18 percent carbon emission, according to DANIDA.
The Energy Efficient Engagement (3E) Programme of Danish International Development Agency (DANIDA) revealed this at a seminar here on Saturday, said a press release.
Dhaka Chamber of Commerce and Industry (DCCI) in collaboration with Nordic Chamber of Commerce and Industry (NCCI) and 3E Programme organized the seminar “Bangladesh – A Great Potential for Energy Efficient Industry”.
Senior Adviser of DANIDA Stephen Skare Enevoldsen said that observing the operation of 36 factories in Bangladesh, the 3E Programme had calculated that the factories could save total energy cost of US$ 52 lakh annually and on an average $ 1.45 lakh at each factory. Most of the recommendations to turn the factories into energy efficient are possible to implement easily spending little amount of money, he said.
Senior Industry Secretary Mosharraf Hossain Bhuyian was present as the Chief Guest while Ambassador of Denmark to Bangladesh Mikael Hemnity Winther was special guest.
In his welcome address, DCCI President Hossain Khaled said Bangladesh has got scarcity of primary energy against its compound need in multiple utility exclusively textile, RMG, metal, cement, plastic good, ceramic, fertilizer and Power generation industries.
NCCI President Shamim Ul Huq highlighted the importance of energy efficiency in ensuring sustainability and profitability of business. He said energy efficiency helps achieve sustainable development and cost reduction in industries.
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