The Indian government is currently working on a scheme to promote energy efficient homes by offering cheaper loans and lower registration fee for green residential units as it ramps up efforts to mitigate climate change by moving towards a net-zero-energy building regime.
The Bureau of Energy Efficiency (BEE), is working on a scheme to incentivise new homes that are more energy efficient and make a lower demand on utilities for lighting and cooling energy.
Seen in the backdrop of climate change and expanding cities, ECBC-R will strengthen the government’s efforts at reducing the carbon footprint of a growing segment of energy consumers. It will also add green jobs in the real estate sector.
ECBC-R will be a booster for the government’s ‘Make in India’ campaign as it is expected to raise the demand for energy efficient household equipment as well as other services.
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