Page 54 - Shelter-April 2024

CASE STUDIES

Table 4: Comparison of Streetlight Retrofitting Projects in showcase that PPP can be used
Hyderabad and Pune to achieve results without
incurring any additional
Financial Parameter and Measure PMC GHMC municipal expenditure. The
Conventional Streetlight Costs energy conservation and
- Initial Costs (Installation) (Rs) 36,45,59,320 124,25,39,252 other benefits of Streetlight
- Annual Maintenance Costs (Rs) 2,01,30,905 12,91,74,075 retrofitting projects in both
LED Streetlight Costs (Rs) 15,12,78,525 167,99,09,018 cities outweigh their costs
Annual Cost Savings from Reduction in 2,65,00,000 85,26,00,000 (while also having low pay
Energy Consumption (Rs) back period), reflecting a good
Total Annual Cost Savings from 4,66,30,905 98,17,74,075 potential for their adoption/
Streetlight Retrofitting (Rs) replication by other cities
Project Benefit Cost Ratio (BCR) 3 4 Energy efficiency programmes
Project Pay Back Period (PBP) 5.07 3.06 of municipal governments
Project Net Present Value (NPV) 22,93,92,864 376,88,33,917 is identified as a major step
in the country in its march
Source: Own Calculations
towards energy security.
projects in Hyderabad and public and private sector Municipal energy efficiency
Pune on some of the major perspectives. projects like streetlight
financial parameters. It can retrofitting offer enormous
be seen that the Streetlight Conclusions potential for harnessing
retrofitting project in Urbanisation and urban energy savings with the help
Hyderabad is more attractive population growth are of private sector participation
on the parameters of annual inevitable to and cities will play in the form of PPP. Such
costs savings from energy a major role in the economic energy conservation projects,
consumption reduction, growth and development of if designed and implemented
total annual costs savings countries like India. As cities well, can result in substantial
from streetlight retrofitting, are the major sources of GHG cost savings to urban local
project benefit cost ratio and emission that result in global governments. However,
project payback period. The climate change and also
Streetlight retrofitting project the victims of such climate the major challenges are
in Pune is, however, smaller change impacts, they need to (Deshpande and Kulkarni
in size and, therefore, has both contribute to emission 2011): (i) technical competence
the advantage of completing reduction as well as develop of municipal corporations
quickly without much robust infrastructure, in line and their ability to deliver
deployment of capital; it with the New Urban Agenda. savings (ii) lengthy processes
also indicates the scalability Streetlight retrofitting is one and procedures of municipal
potential of the project in such initiative that can achieve governments as well as
future. Both of them are, the objectives of energy budgetary conflicts with
however, advantageously efficiency and emission other municipal expenditure
positioned in terms of good reduction; it can also offer programmes. The experience
cost benefit ratio and low several other local benefits. of the two case cities serves
pay back period, which make Streetlight retrofitting projects as demonstration for making
such streetlight retrofitting undertaken by the study cities similar attempts by other
projects attractive from both – Hyderabad and Pune – Indian cities.

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