“I urge you all to use LED bulbs, save money, save energy and take part in helping our nation.”
Shri Narendra Modi, Hon’ble Prime Minister
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 (NMEEE), one of the eight national missions under the Prime Minister’s National Action Plan on Climate Change.
India’s energy efficiency revolution: Business Approach
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, compelling 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.
With deployment of real-time online dashboards and publishing measurable achievements in the public domain, EESL has made the merits of energy management transparent and easy to understand for a diverse clientele. Combined with simple business models that immediately communicate benefits, EESL’s ESCO leadership has attracted international interest – today, the company has established global operations in the UK and South-East Asia.
Growth and Impact
Founded in 2009 by the Government of India, EESL has reduced India's carbon footprint, peak energy demand, and electricity bills through energy efficiency intervention projects worth Rs. 43 billion in domestic lighting.
With an unprecedented 140X growth in 2 years, EESL’s flagship initiative, Unnat Jyoti by Affordable LEDs for All (UJALA), has revolutionized India’s access to energy efficient LED bulbs and reduced carbon emissions by up to 32 million tonnes every year. Energy Efficiency and Conservation (EE&C) across India’s energy intensive industries and other key demand-side economic sectors promise an investment potential of INR 74,000 crore through large-scale deployments.
Implementing the world’s largest energy efficiency portfolio
Unnat Jyoti by Affordable LEDs for All (UJALA): World’s largest zero-subsidy domestic LED bulb programme
Street Lighting National Programme (SLNP): World’s largest street light replacement programme
Agriculture Demand Side management (AgDSM): World’s largest Agricultural Demand Side Management programme