Energy is the indicator of growth, development of prosperity of a nation. Fossil fuels are increasingly becoming scarce. This calls for there efficient utilization and conservation infect improving energy efficiency is a international mission.  In addition to this, the locally available renewable sources of energy have to be harnessed and utilized for various end-uses. Besides, large scale unemployment and underemployment is a common feature of a developing and densely populated countries like India, China etc. Energy conservation and renewable energy utilization hold tremendous potential of employment generation and social entrepreneurship for human resources trend in almost all streams of engineering, technology, sciences and humanities. In fact several self employment opportunities in renewable energy sector for modestly trend. Self trend or even untrendy human resources exist in all geographic location of the country. Several nonbanking financial institutions have been developed in the country for promotion of energy conservation. IREDA extend financial support to manufactures and user, acts as financial intermediary, assists in rapid commercialization of Renewable Energy Technologies, promotes energy efficiency and provides consultancy. Besides IREDA, there are several public sectors, cooperative and private banks which promote energy conservation and renewable energy projects. Power Finance Corporation also supports renewable energy projects.

As accredited energy auditing firm or individual consultants: As per the energy conservation act 2001, it is mandatory for all notified designated energy consumers vis. , cement industry, aluminum industry, steel industry, pulp and paper industry. Railways etc. to get energy audit conducted by an accredited. Energy auditor and to appoint energy managers any post graduates, graduate or diploma engineer and post graduates in science can sit for national certification examination being conducted annually for energy auditor energy manager by nation productivity.

As energy service companies of ESCOs to provide integrated energy services (technical and financial) to this customers mainly large energy users and utilities on a turn key basis. ESCO’s work end. As a matter of fact there registered both as energy auditors as well as ESCO’s. ESCO concept is relatively at a sent stage in India. Still there are more than 30 ESCO’s operational in India, although with limited geographical each. At present most of the ESCO’s are concentrated in southern and western part of India. ESCO’s can look to IREDA and petroleum conservation research association (PCRA) for support and partnership.

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