EESL signed pact worth Rs 500 crore with State Bodies and Industry partners

Public sector unit EESL [Energy Efficiency Services Limited] has inked a pact worth Rs 500 crore with state bodies and industry partners at the India Energy Week held in Goa to enhance the energy sector areas.

EESL signed pact worth Rs 500 crore with State Bodies and Industry partners

Ladakh Autonomous Hill Development Council, Leh [LAHDC], and Vidhya Pratishthan have partnered with EESL. The signed MoU with two entities is valued at Rs 300 crore and Rs 200 crore which crucially focuses on aspects of energy efficiency, including lighting, clean cooking, space heating, renewable, e-mobility, cooling, and consultancy.

The MoU signed focuses on implementing an outstanding framework for the energy utilization fields and laying the foundation for executing projects that implement energy-efficient measures across various facilities, regions, and communities. As per officials, the partnerships are oriented to set up the groundwork for transformative projects that will significantly contribute to India’s Journey towards an energy-efficient future.

Read Also : Mr Manoj Jain takes charge as Chairman and Managing Director of BEL

The MoU with LAHDC includes space heating solutions across various locations in the territory of Ladakh, using innovative heat pump technology which is followed by the recent signing of the company’s MoU for the distribution of 2,000 induction cookstoves in Ladakh which impacts significant contribution to comprehensive energy solutions in the region.

Read Also : RBI invites application for recognition of SRO for NBFCs