About Us

Energy Efficiency Services Limited (EESL) is a joint venture of four national Public-Sector Undertakings – NTPC Limited, Power Finance Corporation Limited, Rural Electrification Corporation Limited and POWERGRID Corporation of India Limited. As South Asia's first and foremost energy efficiency leader, EESL leads the market-related activities of the National Mission for Enhanced Energy Efficiency, one of the eight national missions under the Prime Minister’s National Action Plan on Climate Change.

At the heart of EESL’s successful large-scale deployment of energy-efficient solutions is a business approach that creates mutually-beneficial incentives for all stakeholders, encouraging them to participate. The company’s energy service model combines cost reduction achieved by demand aggregation and economies of scale, which in turn have stimulated India’s private energy efficiency investments and large-scale manufacturing.

The Global Environment Facility (GEF), under its GEF - 6 cycle, has partnered with EESL for a project on ‘Creating and Sustaining Markets for Energy Efficiency’. The United Nations Environment Programme (UNEP) & Asian Development Bank (ADB) are the implementing agencies for the project while EESL is the executing agency.

This five-year project involves a total funding of USD 453 million. The project aims to generate cumulative energy savings of 38.3 million GJ by 2022 and 137.5 million GJ by 2032 that would mitigate around 60 million tonne of CO2 equivalent by 2032.