Keppel bags first Cooling-as-a-Service contract in India

It inked the contract with Blackstone-owned Nucleus Office Parks.

Keppel Limited secured its first Cooling-as-a-Service (CaaS) contract in India from Blackstone-owned Nucleus Office Parks (NOP).

The company will work with Daikin Airconditioning India to retrofit and optimise the 4,300 RT chiller plant system at Exora Business Park, Bengaluru, an NOP asset.

Post retrofitting works, Keppel will operate the business park for 10 years.

The retrofit will enhance operational cost savings for Exora Business Park over the contract term, cutting its carbon emissions by over 6,000 tonnes annually—equivalent to planting 600,000 trees.

Grade A business complex Exora Business Park covers 2.1 million square feet and three commercial towers.

Keppel’s Singapore-based Operations Nerve Centre (ONC) will monitor the chiller plant.

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