KARACHI: Bfz gGmbH (Germany) in collaboration with the Small and Medium Enterprises Development Authority (Smeda) and Pakistani business associations helped small and medium enterprises (SMEs) in saving seven percent of their energy costs with the investments that paid back in less than nine months, an official said.
This is the average result achieved in 55 SMEs from textiles, auto-parts and other sectors since 2011 through energy saving measures implemented under project ESPIRE, the official said.
The participating factories from Karachi, Lahore, Faisalabad and Sialkot together realised energy savings of 28,000,000kWh per annum, which corresponds to a total of Rs92 million.
Espire energy’s focus goes beyond energy audits, as it includes strong support in implementation and impact monitoring to ensure significant energy and cost savings; explains Salahuddin Farrukh, National Project Coordinator of bfz gGmbH. Addressing press conference on Thursday, he said that training on energy efficiency in the participating companies enabled the employees and managers to recognise the energy saving potential and to continuously improve energy efficiency.
Foreseeing sustained energy crisis, more companies are getting keen to benefit from established services offered by institutions such as Smeda, PHMA, Prgmea and Paapam, with the support of bfz gGmbH, he said.
Project ESPIRE was started by the Vocational Training and Development Centres of the Bavarian Employers’ Association (bfz) gGmbH – one of the largest private providers of vocational training in Germany.
The International Division of bfz conducts development cooperation projects on behalf of the World Bank, European Union, and the German government in Asia, Africa and Latin America.
In Pakistan, bfz gGmbH is collaborating with Smeda, which is a strategic partner in ESPIRE project, providing matchmaking and technical services to the industry, the official said. The project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) through Sequa gGmbH.
Source: The NEWS