Energy Efficiency Services Limited (EESL) is an Energy Service Company (ESCO) of the Government of India and is the world’s largest public ESCO. It is 100% government-owned, a joint venture of state-owned NTPC Limited, Power Finance Corporation, Rural Electrification Corporation and POWERGRID. EESL was formed under India’s Ministry of Power to facilitate energy efficiency projects. Innovative business and implementation models can significantly reduce consumption and costs. EESL also acts as the resource centre for capacity building of state electricity distribution companies, electricity regulatory commissions (ERCs), state-designated agencies (SDAs), upcoming ESCOs, financial institutions, etc.
As South Asia’s first and foremost energy efficiency leader, EESL leads 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.he company’s energy service model combines cost reduction achieved by demand aggregation and economies of scale, which in turn have stimulated India’s private energy efficiency investments and large-scale manufacturing.
Industry: Energy & Mining