EESL sets up new company offering solar solutions to India's farmers

'Convergence' to focus on solar irrigation pumps, reduce cost of clean power for farmers

EESL Limited has formed a new subsidiary ‘Convergence’ to focus on clean energy solutions in the rural areas and for the agriculture sector. This special purpose vehicle would bring in innovative solutions for solarising irrigation pumps, facilitate clean and affordable electricity to farmers and bring much needed capital to such projects in rural areas.

EESL on Monday appointed Mahua Acharya, former assistant director-general of Global Green Growth Institute as the head of Convergence. Speaking with Business Standard, Acharya said the idea behind this initiative is that farmers do not get either reliable or cleaner energy.

“The model we are using