India has Tremendous Opportunity to go the Green Way
Hyderabad, June 20 (INN): While addressing the participants at the two-day Advanced Training Programme on Green Building Rating Systems organised by Indian Green Building Council (IGBC) CII here today, Executive Director of CII-Godrej GBC S Raghupathy said that by the year 2030, building stock in India is expected to reach 100 Billion Sq.ft from the existing 25 Billion Sq.ft. Therefore, India has significant opportunity to go the Green way and concerted efforts by all the stakeholders is the need of the hour, he highlighted.
Raghupathy informed that, as on date, India has over 2,085 registered Green Building Projects amounting to over 1.43 Billion Sq.ft of green building footprint and is amongst the top three countries in the world fully involved in spearheading the global green building movement. IGBC envisions to cross 5 Billion sq.ft by 2015-2016, he added.
He highlighted that one of the biggest reasons why green buildings are now widely accepted by the cross section of the society is the fact that Green Buildings make Good Business Sense. It also give us immense satisfaction for making a positive impact on Planet Earth, he underlined. The construction costs of a green building would be 5-8 per cent higher for a Platinum building than a conventional building, the incremental cost gets paid back within 3-4 years with substantial reduction in operational costs, he added.
The training programme has attracted 60 participants from all over India, which includes, Architects, Interior designers, Consultants, Manufacturers, Facility managers and students. (INN)