Energy Efficiency Services Limited (EESL) seeks to unlock the market of energy efficiency in India estimated at Rs. 74,000 crore, resulting in energy savings of about 15% of present consumption.
It seeks to create market access, particularly in the public facilities like municipalities, building, agriculture, industry, etc. implement innovative business models, handhold private sector Energy Service Companies (ESCOs) in an effort to ensure replication
EESL is promoted by Ministry of Power, Government of India as a Joint Venture company of four Central Power Sector undertakings viz NTPC Ltd. PFC, REC and Power Grid. EESL is set up to create and sustain markets for energy efficiency in the country. EESL works closely with Bureau of Energy Efficiency (BEE) and is leading the market related activities of the National Mission for Enhanced Energy Efficiency (NMEEE), one of the eight national missions under the Prime Minister’s National Action Plan on Climate Change