Apollo Hospitals, the world’s largest vertically integrated healthcare provider, has joined Smart Joules in an effort to reduce carbon emissions by 2,90,000 tons, enhancing India’s efforts to decarbonize.
The ten-year initiative involves 18 hospitals across India and leverages the JoulePAYS solution by Smart Joules for energy-efficient cooling, heating, ventilation and automation.
JoulePAYS is a pay-as-you-save solution that is designed for retrofitting existing buildings and factories. It promises clients substantial energy savings at zero investment, with part of the savings shared with Smart Joules. This unique approach allows businesses to pursue profitable climate action and de-risks energy efficiency decision-making by providing profit assurance.
Dr K Hariprasad, President, Apollo Hospitals said, “Apollo Hospitals has always been committed to providing world-class healthcare services to our patients, while also being mindful of our environmental impact. By adopting Smart Joules’ innovative JoulePAYS solution, we have been able to optimise our cooling, heating, ventilation, and automation systems across our hospitals, significantly saving energy without compromising on any aspect of patient experience. This is a win-win situation for us, our patients, and the planet. We hope that our initiative will inspire other healthcare providers to join us in this green revolution.”
Arjun P. Gupta, CEO of Smart Joules, affirmed the company’s commitment to assisting India’s business sector in achieving sustainable development goals and energy efficiency, thereby contributing to the nation’s decarbonization targets.
“By 2030, we aim to help reduce 29 million tons of carbon emissions. Our collaboration with Apollo Hospitals can be traced back to 2018. Their trust in expanding our work across all of the largest hospitals in their portfolio demonstrates our leadership in delivering real energy savings on ground through a mix of technology innovations and simple-to-adopt business models. We are looking to offer similar zero-investment, zero-risk and guaranteed savings offerings to other leading Indian businesses who want to cut costs and carbon emissions across their entire portfolio of facilities under a single contract,” stated Gupta.
