ADaRSH & National Housing Bank join hands to facilitate wider adoption of energy efficiency measures

News and Updates > ADaRSH & National Housing Bank join hands to facilitate wider adoption of energy efficiency measures
News
|
TERI - Press release
|
Aug 21 2013

In an endeavor to upscale and induce wider participation of developers and users for energy efficient housing, Association for Development and Research of Sustainable Habitats (ADARSH, a joint initiative of Ministry of New and Renewable Energy and The Energy and Resources Institute) and National Housing Bank(NHB) signed a memorandum of understanding today. The website for the program on Energy efficient Homes was also launched during the event by the Hon'ble Secretary.

Energy Efficient Homes is the first major program in India focused on bringing energy efficiency in the untapped huge residential sector (especially targeting the high rise apartments). Launched in 2011, the programme has received an encouraging response from builders, primary lending institutions (PLIs) viz. banks & HFCs and other stakeholders from across India, owing to the increased awareness towards energy efficiency. It has offered the builders a new way of marketing their projects. The PLIs have also shown keen interest in this programme to promote energy efficiency in the residential sector.