Thursday, September 7, 2023

Telangana Partners With Tabreed To Host Asia's Largest District Cooling Project

* Tabreed to invest up to $200 million to develop 125,000 refrigeration tons (RT) of cooling infrastructure for Hyderabad Pharma City and bring in potential savings of 24 million tons of CO2, through a broader collaboration bolstering Hyderabad’s position as one of the best cities to live and work in Asia.

Government of Telangana has partnered with 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. Starting with the award of the largest district cooling Public-Private Partnership (PPP) project in Asia for Hyderabad Pharma City (HPC), Tabreed will develop 125,000 RT of district cooling plants and networks, investing up to $200 million 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, ground-breaking 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 tons of CO2 over the project lifetime. This pioneering endeavour is set to revolutionize the pharmaceutical industry's cooling practices, contributing to a cleaner and greener environment for various bulk drug manufacturing facilities.

Government of Telangana 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 tons over a 30 year period while mitigating heat island effect that will further bolster Hyderabad’s position as one of the best cities to live and work in Asia.

Speaking on the momentous occasion, Shri. K.T Rama Rao (KTR), Minister for Urban Development, Industries & Commerce and Information Technology for the State of Telangana said, “As we embark on a journey towards a more sustainable future, we are delighted to partner with Tabreed, exemplifying Government of Telangana’s commitment to environmental stewardship through embracing innovative and implementable solutions. By prioritizing 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”.

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.”

Khaled Abdulla Al Qubaisi, Chairman of Tabreed, said, "The collaboration between Tabreed and Government of Telangana represents a watershed moment in the evolution of sustainable infrastructure development. By bringing our expertise in district cooling to the world's largest net zero pharmaceutical cluster, we are not only shaping the future of the industrial clusters, but also setting a powerful precedent for environmental responsibility. Large-scale energy consumption towards cooling is one of the key drivers of greenhouse gas emissions and through this joint undertaking with Government of Telangana, Tabreed is proud to contribute to India’s journey in achieving Net Zero emissions, with Telangana at the forefront”.

About Hyderabad Pharma City: Hyderabad Pharma City (HPC) is the world’s largest integrated cluster in Hyderabad for pharmaceutical industries with thrust on R&D and manufacturing being developed by Government of Telangana and Telangana State Industrial Infrastructure Corporation (TSIIC). The cluster has been recognized as National Investment and Manufacturing Zone (NIMZ) by Government of India, given its national and international importance. With potential to attract Investment worth USD 9 Bn and exports worth USD 8 Bn, the project is estimated to generate employment to the tune of 560,000 people.

About National Central Cooling Company PJSC (Tabreed): Tabreed provides essential and sustainable district cooling services to iconic developments such as the Burj Khalifa, Sheikh Zayed Grand Mosque, Louvre Abu Dhabi, Ferrari World, Emirates Towers, Yas Island, Al Maryah Island, Dubai Mall, Dubai Opera, Dubai Metro, Bahrain Financial Harbor and the Jabal Omar Development in the Holy City of Makkah. The company owns and operates 88 plants in its portfolio across the GCC, including 75 in the United Arab Emirates, three in the Kingdom of Saudi Arabia, seven in Oman, one in the Kingdom of Bahrain, as well as one in India. Founded in 1998 and publicly listed on the Dubai Financial Market, it is one of the UAE’s strongest growth companies. Tabreed’s energy efficiency services extend the company’s sustainability impact, helping businesses and organizations to improve their overall energy consumption, in turn reducing CO2 emissions and assisting in the achievement of carbon neutrality objectives.

Photo Captain: (L to R) – Mr. Khalid Al Marzooqi, CEO, Tabreed, Sri K. T. Rama Rao, Minister for Information Technology, Electronics & Communications (IT, E&C), Industries & Commerce, and Municipal Administration & Urban Development (MA & UD), Government of Telangana and Sri. Jayesh Ranjan, IAS, Principal Secretary, Government of Telangana at the MoU Signing event.

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