About Us
Overview
Energy Efficiency Services Limited (EESL) is a Super Energy Service Company (ESCO), which enables consumers, industries and governments to effectively manage their energy needs through energy efficient technologies. EESL is implementing the world’s largest energy efficiency portfolio across sectors like lighting, buildings, industry electric mobility, smart metering, agriculture, etc. at an enormous scale. EESL’s energy efficiency solutions have saved India over 47 billion kWh energy annually while reducing 36.5 million tones of carbon emission. Founded in 2009, EESL is promoted by Ministry of Power, Government of India as a Joint Venture of four reputed public- sector undertakings NTPC Limited, Power Finance Corporation Limited, REC Limited and POWERGRID Corporation of India Limited. EESL focuses on solution-driven innovation without taking support of any subsidy from the Govt.
vision
Universal access to sustainable energy solutions to enable a low carbon future, with significant economic and
social impact.
mission
To enable ecosystems for responsible energy adoption with innovations and market creation approaches.
our business model
EESL has designed an innovative business model that is transparent, scalable, flexible, and can seamlessly embrace different and emerging technologies in a manner that incentivises all stakeholders. The transparency and flexibility of the business model obviates the need for public funds as an enabler, while delivering outcomes in a time-bound manner. The business model has the power to unlock demand in sectors where none has existed before. By deploying this business model, EESL drives large scale initiatives, creating a market for transformative, future-ready solutions. EESL’s business model’s key pillars are Innovation, Transformation and Transparency.
More Innovation
Future-ready solutions with cutting-edge technology.
Self-sustaining business model.
Leaders in energy efficiency.
More Transformation
Creating new markets.
Affordability and accessibility of pioneering technology.
More Transparency
IT-enabled accountability.
Performance-based outcomes.
Objectives
To carry on and promote the business of Energy Efficiency and climate change including manufacture and supply of
energy efficiency services and products.
To provide Consultancy Services in the field of Clean Development Mechanism, Carbon Markets, Demand Side
Management, Energy Efficiency, climate change and other related areas.
To act as resource Centre in the field Energy Efficiency and take up the activities of Capacity Building
Training and other related activities.
To carry out such other activities as offered by the Central Govt., State Govt., Bureau of Energy Efficiency or
any other agencies related to Energy Efficiency, and climate change.
To carry on, manage, supervise and control the business of establishing, commissioning, setting up, operating
and maintaining non-conventional Grid Connected Solar Photo – Voltaic (PV) based Solar Power Plants with maximum
capacity up to 10MW per plant for Government/ Private entities primarily for Solarisation of Agri. Feeders, Grid
Connected Solar Photo-Voltaic (PV) based Roof top Programs, Grid Connected Solar Photo-Voltaic (PV) based
Agricultural Pump Sets Programs in any manner including build, own and transfer (BOT), and/or build, own and
operate (BOO) and/or build, own, lease and transfer (BOLT) and/or build, own, operate and transfer (BOOT) basis
or otherwise and to design, develop and manufacture customized energy storage solutions in this connection and
to do all the ancillary, related or connected activities as may be considered necessary or beneficial or
desirable for or along with any or all of the aforesaid purposes which can be conveniently carried on these
systems, networks or platforms.
Founding Four
Energy Efficiency Services Limited (EESL) is promoted by Ministry of Power, Government of India as a Joint Venture company of four Central Public Sector Undertakings, viz. NTPC Limited, PFC Limited, REC Limited and POWERGRID Corporation of India Limited.
Power Grid Corporation of India Limited
Power Grid Corporation of India Limited (POWERGRID) was incorporated in 1989. It is India’s largest Electric Power Transmission Utility having three key areas of engagement viz. Transmission, Consultancy and Telecom. The company has transmission line network of 172,557 ckm and 265 Sub-Stations with Transformation Capacity of 476,772 MVA. For business diversification, POWERGRID is using its in-house expertise in transmission sector consultancy (both Domestic and International), existing Transmission Assets for Telecommunications business and has also invested in Energy Efficiency and Smart Grid verticals. Based on its performance, the firm was conferred with the status of “Maharatna” in October 2019.
NTPC Limited
NTPC is India’s largest energy conglomerate incorporated in 1975 to accelerate power development in India. Since then, it has established itself as the dominant power major with presence in the entire value chain of the power generation business. From fossil fuels it has forayed into generating electricity via hydro, nuclear and renewable energy sources. This foray plays a major role in lowering its carbon footprint by reducing greenhouse gas emissions. NTPC became a Maharatna company in May 2010.
REC Limited
REC is a Navratna Central Public Sector Undertaking under the Ministry of Power. It came into being in 1969. As a leading infrastructure finance company, its business activities involve financing projects in the complete power sector value chain, viz. generation, transmission and distribution. It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities through its extensive network across the country.
Power Finance Corporation Limited
Incorporated on July 16th 1986, Power Finance Corporation Limited is a Schedule-A Navratna CPSE and a leading Non-Banking Financial Corporation under the administrative control of the Ministry of Power. PFC has been provideing financial assistance to power projects across India including generation, transmission, distribution and RM&U projects. Recently, it has forayed into the financing of other infrastructure projects. PFC was conferred the title of a ‘Navratna CPSE’ in June,2007, and was classified as an Infrastructure Finance Company by the RBI on 28th July,2010.
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Vigilance
With transparency as one of the key pillars of EESL’s business model, vigilance is anintegral part of our operations. The Vigilance division of EESL is the nodal section for handling vigilance matters. The information regarding lodging and resolving complaints is provided in the Vigilance Complaint Handling Mechanism, given below :-
Vigilance Complaint Handling Mechanism
Email ID: cvo@eesl.co.in
Address:
Energy Efficiency Services Limited NF: Building, 5th & 6th Floor Core – lll, SCOPE Complex Lodhi Road New Delhi – 110003
Phone: 011-45801260
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