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Energy

A close-up view of solar panels reflecting sunlight under a cloudy sky, with a warm golden glow from the setting or rising sun, emphasizing clean energy and sustainability

As part of our long-term approach to reduce energy-related emissions, we are committed to a two-pronged strategy focusing on both reducing our energy demand and increasing renewables in our energy supply mix. To reduce our energy demand, we have adopted several conservation practices and measures across our assets. At the same time, we are constantly increasing the share of renewables in our electricity consumption. This integrated approach helps us reduce the energy footprint while effectively meeting our energy demands.

81% of our portfolio has been awarded a 5-star rating by the Bureau of Energy Efficiency.

All our new developments are designed as per Net Zero Energy standards, including provision to generate on-site energy, primarily through rooftop solar, catering to a load of ~ 2% of total energy consumption.

Additionally, we provide training to our employees and associates to help them understand the importance of energy efficiency and conservation.

A panoramic aerial view of a modern office complex with multiple glass buildings surrounded by lush greenery, showcasing a thriving business hub

Candor TechSpace, Sector 21, Gurugram

Our Renewable Energy Action Plan

As part of our Net Zero emissions strategy, we have identified clean energy as a major lever for decarbonization. We estimate that 75% of our Net Zero emissions target will be achieved through renewable energy procurement. The strategy focuses on reducing emissions by improving energy efficiency, implementing end-of-life upgrades, procuring renewable energy to meet the energy demand of both common spaces and tenant-occupied areas, and investing in carbon offsets.

In collaboration with Brookfield Renewable, we are committed to transforming our energy profile by significantly increasing the proportion of renewable energy in our energy mix.

Presently, our approach to sourcing renewable energy involves purchasing it from the Indian Energy Exchange (IEX), obtaining Renewable Energy Guarantee of Origin (REGO) certificates, and securing renewable energy certificates through International Renewable Energy Certificates (I-RECs).

A graphical representation of renewable energy strategies and their corresponding load distribution across assets, showing short-term and long-term strategies for various assets, with a focus on renewable energy sources like international renewable energy certificates, green tariffs, and Indian energy exchange. The visual also includes future plans to be implemented in FY25, against a backdrop of power lines.

Intervention and Highlights

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ENERGY SUB-METERING

  • Smart sub-meters to measure energy leakages/losses.
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100% LED LIGHTING

  • LED lighting throughout the common areas to save energy, including exterior lighting and basement parking.
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OUTDOOR LIGHTING AUTOMATION

  • An outdoor automated lighting system that adjusts streetlight intensity using timers.
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DG SET AUTOMATION AND OPTIMIZATION

  • To optimize the operations of the Diesel Generator (DG) set, we have automated our DG set control through Supervisory Control and Data Acquisition (SCADA) and sequencing.
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HIGH SOLAR REFRACTIVE INDEX (SRI) ROOF

  • Exposed roof-top surfaces with high Solar Reflectance Index (SRI) paint or other methods to reduce air-conditioning load and heat ingress.
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ENERGY EFFICIENCY IN CHILLERS AND PUMPS

  • Variable Frequency Drives (VFD) in pumps and chillers for frequency modulation during partial load operations.
  • Chiller plant optimizers for automated chiller/pump operations.
  • To optimize HVAC plant efficiency, we have connected multiple buildings with a chilled water ring connecting multiple rooms. This reduces inefficient chiller operations during part load conditions.
A black and white image of electric vehicles being charged at a charging station. The vehicles are connected to the charging point, which displays a lightning bolt icon, symbolizing electric energy. The setting is an indoor parking area with modern infrastructure for electric vehicle charging.
A worker in safety gear, including a hard hat, orange vest, and ear protection, is inspecting industrial pipes in a factory setting. The worker is using a magnifying device to examine the pipes, which are painted blue, while surrounded by large machinery in a well-lit indoor industrial environment
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BUILDING MANAGEMENT SYSTEM (BMS)

  • BMS with additional sensor integrations and meter connections and centralized it in the control room for continuous monitoring.
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AUTOMATIC TUBE CLEANING SYSTEMS

  • We have installed a system that uses sponge balls to counter condenser fouling, resulting in energy savings.
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ELECTROSTATIC FILTERS WITH ELECTRONICALLY COMMUTATED FANS (EC)

  • Electronically commutated fans that use Brushless Direct Current (BLDC) motors, eliminating the need for Variable Frequency Drives (VFDs) and offering higher efficiency compared to traditional motors.
  • "Electrostatic (ES) filters" filters that capture particulate matter and other pollutants using a high-voltage electrostatic charge, ensuring a long service life.
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ELECTRIC VEHICLES (EVS)

  • We have tied up with EV Cab service providers to provide emissions-free transport for occupants.
  • We are working on providing EV buses to connect with the nearest metro station.
  • We have provided charging facilities for occupant usage.