Get In Touch
Cover nov2024 104x80.jpg
Current Issue
section
logo

EESL will use US$ 220-million WB loan for EV push

By Niranjan Mudholkar,

Added 21 December 2017

To deploy thousands of electric cars and charging stations and millions of smart meters throughout India.  

The summit also emphasized on reaching the global 2-degree goal which means we need to keep CO2 concentrations closer to 450 parts per million (ppm) in the atmosphere. Leaders from member countries realized that 38% of the opportunity to reach this goal lies in Energy Efficiency demand side management. Energy efficiency needs to be a critical element in every country's energy policy. 

It offers solutions with great scalability, has no negative implications and is an unavoidable step towards the future of reaching sustainable development. Lauding Government of India's efforts in mitigating climate change, EESL's various initiatives was recognized along with other best practices such as the West Africa Coastal Areas Management Program (WACA), Indonesia - Geothermal Clean Energy Investment Project and New City Resilience Programme.

The initiatives being implemented by EESL - Unnat Jyoti by Affordable LEDs for All (UJALA), Street Lighting National Programme (SLNP), Buildings Energy Efficiency Programme (BEEP) -  cumulatively aim to propel India towards meeting its growth and development goals. EESL's initiatives also directly align with the Nationally Determined Contributions (NDCs) - to reduce the emissions intensity of its GDP by 33-35 per cent by 2030.

EESL functions with the belief that it is essential to adopt a market-led approach to make efficient and future ready technology solutions accessible, affordable, and available. The company is driven by the objective of enabling more efficiency, more innovation, and more excellence towards enabling rapid adoption of these transformative solutions. It is with this objective of enabling more, that EESL has set foot in areas such as e-mobility and smart grid connectivity.

END