Tabreed to set up Asia’s largest district cooling project in Hyderabad. Tabreed has announced investments to the tune of $200 m to set up the plant at Pharma City
MOUs and Agreement
The State government has partnered with Tabreed, the leading cooling utility player, to develop cooling infrastructure in industrial parks including the Hyderabad Pharma City. Tabreed will develop 125,000 refrigeration tonnes (RT) of district cooling plants and networks investing up to $200 million. The first-of-its-kind, ground-breaking initiative will bring multi-fold benefits of highly reliable, superior cost-efficiency, and unprecedented economies of scale, resulting in 6,800 GWh of power savings and 41,600 mega liters of water savings apart from paving the way for reduced greenhouse gas emissions by saving 6.2 million tons of CO2, according to an official statement.
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