Wednesday, May 22, 2024

BSES launches limited AC replacement scheme

 In an effort to reduce energy expenses while using air conditioners and coolers to beat the heat, the BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) have launched a limited AC Replacement Scheme in partnership with leading air conditioner manufacturers.

Announcing the scheme here on Wednesday, discom officials said summers of 2024 are anticipated to be intense, with temperatures already reaching 40°C in Delhi and expected to rise even higher.

To combat the heat, many households rely on coolers and air conditioners. However, cooling can account for up to 50% of a household’s or company’s annual energy expenses. Switching to a 5-star energy-efficient air conditioner can significantly reduce this cost.

To reduce this cost, BRPL and BYPL have launched a limited-period ‘AC Replacement Scheme’ in partnership with leading air conditioner manufacturers. This initiative will help domestic consumers of South, West, East, and Central Delhi replace their old ACs with new, energy-efficient 5-star ACs, including next-generation inverter technology models, at discounts of up to 63% off the MRP.

Under the scheme, around 40 window and split ACs of leading brands like LG, Bluestar, Godrej, Voltas and Lloyd are on offer on a first cum first serve basis. A domestic consumer, residing in South, Wes, East and Central Delhi, will be eligible to exchange a maximum of 3 ACs against a unique CA number.

To avail the scheme, an eligible BRPL consumer, residing in South and West Delhi, has to call BRPL’s helpline number 19123 or the register on the website. A BYPL consumer, residing in East and Central Delhi, on the other hand has to call 011-40746103 or visit the discom’s website. They will be contacted by the respective officials of the AC company through their empanelled vendors to take the enquiry forward after registration.

Besides the substantial discount on the energy efficient AC, a consumer can save around 3000 units annually on the running costs of an AC, depending on the model type of the AC and usage.  In monetary terms, this translates into annual savings of over Rs 29,000. Moreover, the estimated payback period under the scheme ranges from around 8 months to 3.3 years, depending on the type of AC and usage.

Commenting about the scheme, a BSES spokesperson stated, “As a leader in social responsibility, BSES remains dedicated to promoting energy conservation initiatives. We have been powering the adoption of sustainable technologies, including LED lighting, electric vehicle charging infrastructure, and rooftop solar net metering.

Now, through the BSES AC Replacement Scheme, consumers can upgrade to 5-star energy-efficient air conditioner at a significant discount. This not only lowers annual electricity costs and monthly expenses but also bolsters our collective efforts toward a more sustainable and greener future.”

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Tuesday, May 21, 2024

India among fastest growing markets with potential to be among top 10

India is one of the “fastest-growing markets” for online accommodation hosting platform Airbnb and the country has the potential to be among its top 10 global markets in the coming years, according to its Chief Business Officer Dave Stephenson. The company is investing in India to tap the opportunity of a rapid rise in tourists travelling to foreign destinations as well as domestic places that are rapidly growing post-pandemic and where 90 per cent of its first-time bookers are Gen Zs.

“It (India) is one of our growth markets and we see a huge opportunity for growth in India in the future. In India, nights booked grew by almost 30 per cent YoY (Year-on-Year) in 2023 compared to 2022, which is a positive sign,” Stephenson told PTI.

For Airbnb, India is going to be “a large travel market”, where it has seen a “strong desire” among the “Indian travellers to venture overseas as well as explore domestic destinations, especially those off the beaten path”, he said.

Though, Stephenson did not any specific growth numbers but said India is a “focus area” and “is one of our fastest-growing countries”.

When asked as whether India figures among Airbnb’s top 10 markets globally, Stephenson replied in negative. Further he said, “It should be one of the top 10 markets. It is getting to be a large travel market and we definitely think it can be. That would be the goal.”

Airbnb is investing specifically in India, where a number of tourists travelling to foreign destinations as well as domestic places are on the rise post-pandemic and is supporting them to stay in its range of “inexpensive homes all the way to luxe homes”.

It has witnessed a whopping 75 per cent jump in international group travel bookings from India, where families/friends are going abroad for vacations. It has added features like the collaborative wishlist, where it is helping these groups find a perfect place.

“Indians are inspired by Cricket and Bollywood, and they want to explore the world. If they stay domestically, they are going to places like Goa and enjoying. But also, if they have the opportunity to travel abroad, they love to go to Italy and places that they’re inspired by from the movies,” he said.

Currently, 90 per cent of its first-time bookers are Gen Zs. Moreover, Airbnb is supporting the inbound flow of international travellers coming to India.

Airbnb is “working closely with the government in their vision to make India one of the most sought-after tourist destinations in the world”, Stephenson said.

It has partnered with the Ministry of Tourism and curated a dedicated microsite which spotlights heritage stays across India. It has also partnered with state governments of Goa, Madhya Pradesh, Uttarakhand, and Maharashtra, among others, to promote lesser-known destinations and conduct capacity-building workshops, he said.

Also Read:

Breaking News: The Pioneer, a prominent English newspaper in India, reports on the latest developments unfolding across the nation. Stay tuned for updates on politics, economy, culture, and more, as The Pioneer delivers timely and insightful coverage of India's ever-evolving landscape.

Stay updated on the pulse of India's capital with The Pioneer's comprehensive coverage of Delhi news. From local politics to cultural events updates to infrastructure developments, The Pioneer brings you timely and reliable news straight from the heart of Delhi.

Stay informed on the latest developments in the business world with The Pioneer's comprehensive coverage of business news. From corporate mergers to market fluctuations, entrepreneurship to innovation, trust The Pioneer to deliver timely updates and insightful analysis to help you make informed decisions in today's dynamic economy.

Explore the global landscape with The Pioneer's comprehensive coverage of today's international news. From geopolitical tensions to diplomatic breakthroughs, humanitarian crises to scientific advancements, The Pioneer delivers timely updates and in-depth analysis to keep you informed about events shaping our world.

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