News
IFC’S TECHEMERGE and IHCL to pilot cooling innovations in Indian Hotels


New Delhi, January 27, 2022 — Six cutting-edge innovators have been selected to partner with Indian Hotels Company Limited (IHCL), to pilot new cost-effective, climate-smart cooling technologies, as part of IFC’s TechEmerge program.
The selected innovators are Paharpur Cooling Towers, IOTomation Ecotech, Green Efficient Solutions, Desiccant Rotors International, and Zenatix Solutions from India, and Elgressy Engineering Services from Israel. They will pilot their new space-cooling solutions at seven of IHCL’s Taj hotels over the next 12-18 months, supported by a pool of up to $500,000 in total grant funding.
IFC’s TechEmerge Sustainable Cooling Innovation Program, which is funded by the UK Government’s International Climate Finance (ICF), matches innovators across the world with leading companies in emerging markets to accelerate the adoption of solutions that make cooling more affordable and energy-efficient, while mitigating greenhouse gas emissions.


“Congratulations to Indian Hotels Company Limited (IHCL) and its innovation partners for piloting more affordable and efficient cooling technologies,” said British High Commissioner to India, Alex Ellis. “This is an essential step for reducing emissions and delivering on the Glasgow Climate Pact agreed at COP26.”


“At IHCL, we constantly endeavor to contribute to preserving the environment in a meaningful way. Our partnership with IFC’s TechEmerge program and some of the world’s most exciting cooling innovators is a unique and industry-first collaboration creating sustainable solutions in the hospitality sector,” said Gaurav Pokhariyal, Senior Vice President & Global Head – Human Resources, IHCL.
In addition to funding, the TechEmerge Program also provides advisory support throughout field testing to help innovators mitigate financial and operational risks, reduce adoption risks for local firms, and facilitate market-entry and tech transfer. If the pilots are successful, IHCL and innovators may decide to enter commercial partnerships.
-
Guest Column4 weeks ago
Vertex launches its largest project, VIRAAT
-
Guest Column4 weeks ago
TARC Tripundra achieves Rs 350 cr sales
-
Guest Column4 weeks ago
The Office Pass (TOP) to open a 26000 sq ft
-
Report3 weeks ago
After 2018, 2019, highest number of project registrations in 2022 in U.P. RERA
-
project4 weeks ago
2.2 million square feet Mega Project of 4S Developers to cost more than 2500 cr
-
Guest Column3 weeks ago
SKA Orion to be completed a year before schedule, set to hike prices due to rising input prices says Director Sharma
-
New Launches2 weeks ago
NAREDCO urges Government to launch SWAMIH-2 with widened scope
-
Guest Column4 weeks ago
Commercial real estate to explode in Delhi-NCR in 2023: Rise Infraventures