BLUE STAR LIMITED

Blue Star awarded ‘Grade 1’ accreditation by Bureau of Energy Efficiency (BEE)

Blue Star, India’s leading central airconditioning and commercial refrigeration company has been awarded the highest accreditation of Grade 1 among Energy Service Companies (ESCOs) by the Bureau of Energy Efficiency (BEE).

BEE, which is a part of Ministry of Power, Govt of India, has been promoting energy conservation measures across the country by institutionalizing energy efficiency delivery mechanisms through the development of Energy Service Companies (ESCOs). ESCOs specialize in energy audits and in implementing energy efficiency practices in existing buildings/ facilities.

With the need to increase the numbers of ESCOs and promote large scale implementation of energy efficiency through the ESCO route, BEE undertook an exercise to shortlist eligible ESCOs across the country through an open invitation and evaluation process. At the end of the process only 37 ESCOs were shortlisted. The stringent process of rating the applicants was carried out by CRISIL and ICRA, which involved an assessment of success in implementation of energy efficiency projects, ability of technical power and financial strength to invest in such projects.

Blue Star has been involved with ESCO related activities for 4 years and has over 390 engineers and 30 accredited auditors making it one of the largest ESCOs in India. Blue Star’s CRISIL-BEE Grade 1 indicates ‘Very High’ ability of the Company to undertake energy efficiency projects. Only 6 companies in the country have been awarded the accreditation of Grade 1 and Blue Star is one of them. According to CRISIL, the major strengths of Blue Star included an impressive track record of managing HVAC projects and a strong organizational structure and competent team.

In addition to energy audits, Blue Star also provides comprehensive LEED (Leadership in Energy and Environmental Design) consultancy services for Green Buildings and has 3 accredited professionals to provide expert Green Building consultancy for new construction as well as existing buildings.