Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the administration of Ministry of Power is celebrating the 8th anniversary of its flagship programmes,
Unnat Jyoti by Affordable LEDs for All (UJALA) and Streetlighting National Programme (SLNP).
For the past years, EESL has pioneer large-scale impact through its energy efficient solutions, especially in the lighting sector.
UJALA has contribute significantly to the rapid adoption of LED technology in India.
EESL devise a unique strategy to bring about mass-scale transformation by collaborating with states, municipal bodies, and Urban Local Bodies (ULBs).
By using a Pay-As-You-Save (PAYS) model, it replaces traditional lights with LEDs at its own expense, with no upfront investment require from municipalities, making LED adoption even more appealing and affordable.
EESL’s strategy create a ripple effect throughout the supply chain, leading to favorable economies of scale for a range of manufacturers.
This help to grow and strengthen the domestic LED market with high-quality products and enable LED manufacturers to establish a strong business ecosystem.
Mr Vishal Kapoor, CEO, EESL, said :
As of today, more than 36.8 crores LED bulbs and 72 lakhs LED tubelights have been distribute as part of UJALA programme.
This has result in estimate energy savings of 48.42 billion kWh per year with peak demand avoidance of 9,789 MW; GHG emission reduction of 39.30 million t CO2 per year and estimate annual monetary savings of INR 19,333 crore in consumer electricity bills.
The Streetlighting National Programme (SLNP) was launched in 2015 with the goal of improving road safety in India by lighting up streets at night.
As part of the program, EESL replaces traditional streetlights with LED lighting at its own cost, with no upfront investment required from municipalities.
This service model allows municipalities to adopt state-of-the-art LED streetlights at no upfront capital cost and with no repayment obligations to EESL, eliminating the need for additional revenue expenditure for the transition to energy-efficient LED streetlights.
So far, EESL has successfully install over 1.27 crore LED streetlights in ULBs and Gram Panchayats across India.
This has result in estimate energy savings of 8.58 billion kWh per year with avoid peak demand of 1,429 MW, GHG emission reduction of 5.90 million t CO2 per year and estimate annual monetary savings of INR 6,004 crore in electricity bills of municipalities.
About Energy Efficiency Services Limited (EESL)
A joint venture of NTPC Limited, Power Finance Corporation, Rural Electrification Corporation and POWERGRID, Energy Efficiency Services Limited (EESL) was set up under Ministry of Power to facilitate implementation of energy efficiency projects.
EESL is a Super Energy Service Company (ESCO) that seeks to unlock energy efficiency market in India, estimated at Rs. 74,000 crore that can potentially result in energy savings of up to 20 per cent of current consumption, by way of innovative business and implementation models.
It also acts as the resource centre for capacity building of State DISCOMs, ERCs, SDAs, upcoming ESCOs, financial institutions, etc.