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Govt in pact with Ansal for green construction
The government on Tuesday announced its first tie up with a private real estate developer—Ansal Properties — to popularise an energy efficient construction style that will cut down carbon emission from large townships. This is part of the government’s national action plan on climate change.
Ministry of new and renewable energy secretary Deepak Gupta told reporters that the government wants all real estate developers to voluntarily adopt to the guidelines jointly prepared by the ministry and The Energy Resources Institute (Teri) and get a rating.
The ministry offers incentives for getting green rating, by way of reimbursing the rating fee besides rewarding the architect. Ansal would invest about Rs 1,300 crore in the next three years to develop a 112-acre green township in Gurgaon called Esencia. This will be a pilot project for a new green rating system called ‘Griha’ jointly promoted by the ministry and Teri, Ansal vice-chairman and MD Pranav Ansal said. Owing to the costs involved in the design and materials for reducing energy consumption, recycling of water and waste management, the cost of the project has gone up by 5-10%, said Ansal.
Source: Financial Express