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, electric mobility, smart metering, agriculture, etc. at a scale which no organization has been able to achieve. EESL’s energy efficiency solutions have saved India over 47 billion kWh energy annually while reducing 36.5 million tonnes 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 with no subsidy or capital expenditure (CAPEX). It is able to do so using its Pay-As-You-Save (PAYS) model, which obviates the need for any upfront capital investment by the consumer.
Universal access to sustainable energy solutions to enable a low carbon future, with significant economic and social impact.
To enable ecosystems for responsible energy adoption with innovations and market creation approaches.
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.
Future-ready solutions with cutting-edge technology.
Self-sustaining business model.
Leaders in energy efficiency.
Creating new markets.
Affordability and accessibility of pioneering technology.
To carry out 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 (CDM) projects, carbon markets, demand side management, energy efficiency, climate change and related areas.
To act as a resource center in the field of Energy Efficiency and take up the activities of Capacity Building, Training and other related activities.
To carry out such other activities related to Energy Efficiency and Climate Change as offered by the Central Govt., Bureau of Energy Efficiency or any other agency.
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.
With an installed capacity of 53,651 MW (including 7,551 MW through JVs/Subsidiaries), NTPC is India’s largest power utility and energy conglomerate. Established in 1975, NTPC aims to become a 130 GW company by 2032. NTPC has comprehensive Rehabilitation & Resettlement and CSR policies well integrated with its core business of setting up power projects and generating electricity. The company is committed to generating reliable power at competitive prices in a sustainable manner by optimising the use of multiple energy sources with innovative eco-friendly technologies.
REC came into being in 1969 to articulate a response to the pressing exigencies of the nation. During the time of severe drought, the leaders sought to reduce the dependency of agriculture on monsoons by energizing agricultural pump-sets for optimized irrigation. Thereafter, we have ventured into newer paths and expanded our horizons to emerge today, as a leader in providing financial assistance to the power sector in all segments, be it Generation, Transmission or Distribution.
Incorporated on July 16th 1986, Power Finance Corporation Limited. is a Schedule-A Navratna CPSE and is a leading Non-Banking Financial Corporation. PFC is under the administrative control of the Ministry of Power. PFC was conferred the title of a ‘Navratna CPSE’ in June,2007, and was classified as an Infrastructure Finance Company by the RBI on 28 th July,2010.
Power Grid Corporation of India Limited (PGCIL) is India’s Central Transmission Utility (CTU), and one of the world’s largest transmission utilities. As a Navaratna central public-sector enterprise, PGCIL is mandated to plan, coordinate, supervise and control inter-State transmission systems, and national and regional power grids. It also works in the areas of rural household electrification, in association with the Rural Electrification Corporation, SEBs, and respective state governments. Incorporated in 1989, PGCIL is a public sector listed company. Today, it carries over 50 percent of the total power generated in the country and is the world’s third fastest growing utility.
The geography-agnostic and versatile nature of our business models has enabled us to explore business opportunities in diverse markets across the world. Partnering with business partners selected for their local market relevance and outstanding product portfolios, we are establishing a formidable presence in the field of energy efficiency across the world.
IntelliSmart Infrastructure Private Ltd
EESL EnergyPro Assets Limited
Anesco Energy Services (South) Ltd.
Creighton Energy Limited
EPAL Holdings Limited
Edina Acquisition Limited
Edina Power Services Limited
Edina UK Limited
Edina Australia Pty Limited
Armoura Holdings Limited
Edina Manufacturing Limited
Edina Power Limited
EPSL Trigeneration Private Limited
NEESL Private Limited
Energy Efficiency Services CO. Ltd Thailand
Energy Efficiency Services LLC, UAE
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. This division is headed by Dr. Sunita Singh, Chief Vigilance Officer (CVO)