Power Ministry-arm Energy Efficiency Services Limited (EESL) along with auto maker Mahindra & Mahindra (M&M) today announced a collaborative LED replacement program with energy efficient alternatives across all 18 manufacturing facilities of the latter.
EESL, which aims to implement world's largest energy efficient portfolio in the country, will be undertaking project management services for the M&M project, provide better pricing for products and share technical assistance.
"M&M will be making the entire Rs 16 crore investment for this project with payback expected in one year," Pawan Goenka, managing director at Mahindra & Mahindra told reporters at an event held here