BEE signed Implementing Agency Agreement with consortium of RECPDCL-REC-EESL

BEE signed Implementing Agency Agreement with consortium of RECPDCL-REC-EESL

NEW DELHI .An Agreement for operationalization of Partial Risk Guarantee Fundfor Energy Efficiency (PRGFEE) to support energy efficiency projects by addressing credit risk barriers faced in financing

ESCOs has been signed between Bureau of Energy Efficiency (BEE)and the REC Power Distribution Company Ltd. (RECPDCL) on behalf of consortium between RECPDCL, REC Ltd. & Energy Efficiency Services Ltd. on 16th July, 2015. The Agreement was signed by Sanjay Seth, Secretary, BEE and Somya Kant, Chief

Financial Officer, RECPDCL in the presence of Dr. Ajay Mathur Director General, BEE.

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