Tabreed, a leading district cooling company in the UAE, said it has reached an agreement with the government of the South Indian state of Telangana to explore the development and investment potential in the district cooling infrastructure of its capital Hyderabad.
The MoU was signed at a ceremony held in Dubai in the presence of Khalid Al Marzooqi, CEO, Tabreed; K T Rama Rao, Telangana Minister for Information Technology and Industries; Jayesh Ranjan, Secretary, IT and Industries, Telangana, alongside other representatives.
With India forecast to be the world’s largest consumer of cooling by 2050, Tabreed said it was proud to work with the Government of Telangana and partners across the country to deliver reliable, affordable, and sustainable district cooling solutions to meet the growing demand and reduce the impact of climate change.
The district cooling infrastructure will have the potential to reduce over 200MW of peak electricity demand resulting in an annual CO2 emission prevention of 600,000 tonnes (18 million tonnes over a 30-year period), said a statement from Tabreed.
The district cooling agreements are part of Telangana’s vision to become net-zero by 2047, it added.- TradeArabia News Service