Department of Industrial Engineering

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Energy audit and economic analysis of mechanical production unit
(University of Management and Technology Lahore, 2017) Ahsan, Saqib; Tahir, Awais; Shah, Jawad
In this project, we have conducted an Energy Audit& Economic Analysis of Mechanical Production Unit that consents us to study the energy being utilized in Hussain Tech Pvt. Limited(Al-Ghani Industrial Estate Lahore). We have premeditated every single device and appliance being used there and the frequencies of utilization of devices that consume electricity and incur a cost. By using a variety of techniques, including Surveys, Data Collection and Monitoring Appliances we analyze the usage of energy and find the optimal energy requirement throughout the organization. That finally leads us to effectively suggest some Ideas and Solution for cost reduction after brainstorming and research session. The basic purpose of this project is to develop a potential of cost savings of energy as cost incurred in administration, production and other activities included in the process. The importance and need for this project are clear as it results in saving energy which eventually results in higher profits in future and good repute of the company.