Project Title
Industrial Efficiency and Energy Optimization through Exhaust Heat Recovery from Generators
Client
In-house project
Start and End Date
The idea was conceived and the project was developed between 2014 and 2016.
Primary Objective of the Project
Significantly reduce energy consumption in industries such as ceramics, paper, edible oil, cement, and gypsum factories by utilizing the waste heat from generator exhausts. This will involve connecting the exhausts to certain factory equipment and selling the surplus electricity to the government. Additionally, the project aims to ncourage private sector investment in meeting the country’s electricity needs, with government support to reduce investment costs and minimize the use of natural resources.
Achievements and Outcomes
Raising awareness among a significant portion of the mentioned industries about the advantages of combined heat and power (CHP) generation. Identifying untapped potential to enhance industrial efficiency and reduce production risks
Challenges and Obstacles
L resistance to technological changes and adoption of innovative solutions, technical issues in coordinating and connecting heating systems to production lines, legal and regulatory complexities regarding the sale of
surplus electricity, inability to attract investors due to initial risks and economic conditions, and the extensive subsidies provided by the government to the private sector, which may indirectly have a negative impact on the incentives of the private sector.
Business Development Services
Conducted field visits to target industries and developed specialized project proposals, designed a conceptual model and prepared a comprehensive business plan in collaboration with partner companies, held multiple sessions with policymakers to streamline the legal process for purchasing surplus industrial electricity, and engaged in technical negotiations with factory owners to secure the required approvals for pilot implementation.
Current Status
Despite completing the initial design and stakeholder negotiations, the project has not been implemented due to frequent regulatory changes and the high upfront investment required.
Business Takeaways
Understanding the vital role of precise and transparent financial modeling in attracting investors for infrastructure projects, gaining firsthand experience with the legal, economic, and institutional barriers to implementing innovative energy solutions, recognizing the importance of planning based on worst-case scenarios to enhance resilience, and realizing the value of collaborating with capable teams to ensure high-quality project development.
