Subsidiaries & JVs
Energy Efficiency Services Limited (EESL)
REC’s joint venture company viz. Energy Efficiency Services Limited (EESL) formed with three other power sector PSUs, is doing pioneering work in the field of energy efficiency. EESL was formed to create and sustain market access of energy efficient technologies, particularly in the public facilities like municipalities, buildings, agriculture, industry etc. and to implement several schemes of Bureau of Energy Efficiency, Ministry of Power and Ministry of New & Renewable Energy, Government of India. EESL is also leading the market-related activities of National Mission for Enhanced Energy Efficiency (NMEEE), one of the eight national missions under National Action Plan on Climate Change (NAPCC). REC has contributed Rs.218.10 crore towards the paid-up equity share capital of EESL.
EESL’s numerous schemes and programmes across the country are resulting in lesser consumption of electricity, as well as lesser CO2 emissions. Under the Unnat Jyoti by Affordable LEDs for All (UJALA) scheme launched by the Government, EESL provides LED bulbs to domestic consumers at a low cost. LEDs have a relatively longer life and are highly energy efficient as compared to incandescent bulbs and CFLs (compact fluorescent lamps), thus saving both energy and costs in the medium term.
Further, under the Street Lighting National Program (SLNP), EESL replaces conventional streetlights with smart and energy efficient LED streetlights across India, at its own costs, without any need for municipalities to invest. The consequent reduction in energy and maintenance cost of the municipality is used to repay EESL over a period of time. EESL is also implementing LED Street lighting projects in Gram Panchayats on the same service model as the SLNP for municipalities, with the objective to promote the use of efficient lighting in rural areas.
For more details, please visit EESL website at https://eeslindia.org(4 KB) PDF