With Synergy Consulting as Financial Advisor, Tabreed Signs First District Cooling Concession in India

Synergy Consulting is the financial advisor to Tabreed UAE (National Central Cooling Company), which has signed a 30-year concession to build, own, operate a district cooling system (DC) in Amaravati – the new capital of Andhra Pradesh, India.

This is the first DC project in India awarded on PPP basis and is also Tabreed’s first project outside GCC. The 20,000 RT capacity project will provide cooling to a number of government buildings including the State Assembly, High Court and Secretariat Buildings in Amaravati.