India's leading hospitality company, Indian Hotels Company Limited (IHCL) recently announced the successful completion of nine pioneering pilot projects in collaboration with IFC’s TechEmerge Sustainable Cooling Innovation Programme within a short span of 18 months.
This underscores the company’s unwavering commitment to fostering environmentally responsible practices to bring efficient, climate-smart, cost-effective cooling solutions to India's hospitality sector.
Gaurav Pokhariyal, Executive Vice President - Human Resources,
IHCL, said, "IHCL with Paathya, its comprehensive ESG+ platform, is
committed to driving sustainability and social impact measures. The
rigorous testing of nine innovative cooling solutions has allowed us
to validate their real-world performance. The implementation of these
pilots across our portfolio has the potential to result in savings of
up to US $18.2 million and a substantial annual reduction of 108,000
tCO2 emissions. We are delighted to work with IFC for a greener
future."
IHCL has successfully piloted two projects at Taj Exotica Resort &
Spa, Goa. A low-approach cooling tower optimises the performance of
the air-conditioning system by maintaining the approach condenser
temperature within 2 °C and a BE-IoT (Built Environment
Internet-of-Things) system that focuses on critical cooling system
equipment.
These solutions demonstrated remarkable potential for cost
savings and emphasized the critical role of continuous monitoring and
automation.
The future introduction of AI/ML capabilities, in conjunction with monitoring and automation, holds the promise of unlocking even greater savings. Further, IHCL also successfully piloted a chemical-free water treatment system at Taj Holiday Village Resort & Spa, Goa. This solution eliminated the need for chemical dosage and created a positive impact on operational expenses.
The future introduction of AI/ML capabilities, in conjunction with monitoring and automation, holds the promise of unlocking even greater savings.
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service.
These include Taj – the iconic brand for the most discerning travellers and the World’s Strongest Hotel Brand and India’s Strongest Hospitality Brand as per Brand Finance 2021, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels, and Ginger, which is revolutionising the lean luxe segment.
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises.
