EESL is a joint venture of four National Public Sector Enterprises – NTPC Limited, PFC, REC and POWERGRID, and was set up under Ministry of Power. EESL is a Super Energy Service Company (ESCO).
EESL is creating a new normal through large-scale transformation. We help our customers get more with the same energy consumption. We enable more by creating incentives for all stakeholders.
EESL through its innovative, fast and transparent procurement process has brought a market transformation in terms of pricing and production by aggregating demand and supply. Because of reduced discovered prices of energy efficient products over the period of time, helps in transforming the life of common man in the country.
Any citizen of India who desires to obtain any information under the Right to Information Act, 2005 may make a request to the Public Information Officer/Assistant Public Information Officer.
In the UK, we will invest £ 100 million ($ 133.02 million) over 3 years to promote and implement low carbon, energy-efficient, renewable energy solutions in both the public and private sectors. We have acquired two operating companies with have energy saving projects valued at £ 7 million, in the education and leisure sectors.
To capitalise upon our strength in LED procurement at the lowest costs, we will replicate our successful UJALA model in the UK through the Pay-As-You-Save (PAYS) model. Further, EESL has collaborated with the Indian High Commission in London for a comprehensive retrofitting of their lighting with LEDs.
We are also exploring projects in Biomass Boilers and Smart Meters. We have entered a strategic partnership with Calvin Capital Limited, a leading UK based asset investment company. Calvin Capital undertakes funding, management, and tracking of gas and electricity meters on behalf of UK’s major energy suppliers in exchange for a service charge per meter per year. We are aiming to capitalise on the company’s success in metering, and acquire a presence in the UK metering market.
We are also looking at strategic partnerships with cleantech organisations across Europe.