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India in top five position in spearheading the global green building movement: IGBC

According to reports, India has significant opportunity to go the green way and concerted efforts by all the stakeholders is the need of the hour, said vice-chairman of Indian Green Building council (IGBC), Goa, Bharat Kamat on Thursday.

Addressing the participants at the two-day advanced training programme on green building rating systems organised by IGBC of CII, he said by the year 2030, building stock in India is expected to reach 100 billion sq.ft from the existing 25 billion sq.ft  IGBC , he said, with the support of all the stakeholders has opened up new green employment opportunities like third party commissioning, energy simulation, facilitation of projects, accreditation professionals. India has over 2,380 registered green building projects and is amongst the top five countries in the world involved in spearheading the global green building movement, Kamat said.

The construction costs of a green building would be 3 to 5% higher for a Platinum building than a conventional building, but the incremental cost gets paid back within 3 to 4 years with substantial reduction in operational costs, he added.  Ms Geetika Goyal, Head, CII Goa State Office, highlighted that CII is working closely with the stakeholders in facilitating sustainable development of the State. M Anand, principal counsellor, IGBC highlighted the activities and initiatives of IGBC in facilitating India emerge as one of the global leaders in green buildings.

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