The Energy Efficiency Services Limited (EESL) is set to roll out of India’s first Energy Convergence Project in Goa.
Q. What is Green Energy Convergence Project?
Under the project, EESL and the Department of New and Renewable Energy (DNRE) in Goa will carry out feasibility studies and implementation of decentralized solar energy projects.
The project aims to connect seemingly independent sectors like Solar Energy, Energy Storage and LED lights to provide solutions, which can enable in decarbonisation and affordable energy access.
It will include the installation of 100 Megawatt decentralized ground-mounted solar power projects on government land to be used for agricultural pumping.
It seeks to replace 6,300 agricultural pumps and distribute 16 lakh LED bulbs for rural domestic households.
Q. What are the benefits of the project?
The projects will accelerate the usage of renewable energy sources, especially for agricultural and rural power consumption in the State.
They will also contribute to the reduction of peak energy demand through the deployment of energy-efficient pumping and lighting thus contributing to overall sustainability.
Q. What is EESL?
A joint venture of NTPC Limited, Power Finance Corporation, Rural Electrification Corporation and POWERGRID, the EESL was set up under Ministry of Power to facilitate the implementation of energy efficiency projects.
EESL is a Super Energy Service Company (ESCO) that seeks to unlock energy efficiency market in India, that can potentially result in energy savings of up to 20 per cent of current consumption.
It also acts as the resource centre for capacity building of State DISCOMs, ERCs, SDAs, upcoming ESCOs, financial institutions, etc.