This is the company's second overseas investment; funding was routed through SHIFT Asia, a carbon finance platform
Power PSUs' joint venture EESL on Wednesday said that it has, till date, deployed 1,514 electric vehicles on roads under the National E-Mobility Programme
Tata Motors to supply 150 Nexon XZ+ electric compact SUVs & Hyundai to supply 100 units of Kona electric Premium SUVs
Telecom PSU BSNL would be responsible for providing the requisite space and power connections for installing the charging infrastructure
EESL is seeking to leverage the immense potential of replacement of existing vehicles in the government departments for initial demand aggregation
The MoU covers collaboration for planning, development and installation of charging facilities at suitable locations for two, three, and four-wheeler vehicles
In addition to this, USD 46 million financing will be provided from the Clean Technology Fund (CTF) that will be administered by the ADB
EESL was established in 2009 as a joint venture of four public sector undertakings of the Ministry of Power to pursue large-scale energy efficiency investments
The Delhi Government has brought the road rationing scheme to deal with rising level of pollution in the National capital region
The new joint venture, named IntelliSmart Infrastructure will implement, finance and operate the smart meter roll-out program of power distribution companies
The installation of 1 crore LED streetlights has resulted in annual energy savings of 6.71 billion kWh, resulting in cost savings of approximately Rs 5,570 crore annually, as per EESL
The company is leaning on its bulk procurement strategy, grants, and absense of branding and supply-chain cost to achieve this goal
The project will help UP discoms make estimated savings of Rs 8,000 cr
The distribution of these energy-efficient appliances will be conducted in a phased manner across states through select post offices
State-run Energy Efficiency Services Ltd (EESL) which is implementing the seven million solar study lamp scheme of the Ministry of New and Renewable Energy (MNRE) with the Indian Institute of Technology Bombay (IIT-B), is planning to take it as a business model for distribution of solar lamps throughout the country."We have plan to take it as a business model but that will be considered and finalized after December 2018 by taking a full review of the scheme", said S P Garnaik, Chief General Manager (Technical), Energy Efficiency Services Ltd.MNRE has sanctioned the seven million solar study lamp scheme to be implemented in the states of Assam, Bihar, Jharkhand, Odisha and Uttar Pradesh and is targeted to beneficiaries in areas which don't get access to the grid supply.The total budget for the scheme, a centrally funded project, is Rs 4.94 billion, which includes service charges to EESL at the rate of one per cent of total cost of the solar study lamp. The contribution of student ...
EESL has also rolled out the plan for setting up charging stations across the country
EESL will float another tender for 10,000 e-cars in March-April in line with the govt's vision of having all-electric passenger cars by 2030
EESL Managing Director Saurabh Kumar discusses how they used the same model for the procurement of bulbs and electric cars
State-run firm EESL has floated a tender for procuring 10,000 electric cars and 4,000 chargers for coal, mines, power and new & renewable energy ministries as well as for providing them on rent to other departments. Energy Efficiency Service Ltd (EESL) has floated a tender for procurement of 10,000 electric cars including complete system warranty under the faster adoption and manufacturing of electric vehicles in India (FAME) scheme of the ministry of new & renewable energy. According to the tender, 3,000 AC (alternate current) or slow charger's and 1,000 DC (Direct Current) fast charger's compatible with Bharat AC-001 and DC-001 charger specification would be procured. The tender is part of the government's plan to promote electric vehicles in the country in a big way. In April, Power, Coal, Mine, New & Renewable Energy Minister Piyush Goyal had said that India would sell only electric vehicles by 2030. Earlier this month he had admitted however that it may take a ...
EESL has already distributed over 25 crore of LED bulbs in India through its distribution channels