Hild Energy has been awarded an engineering, procurement, and construction (EPC) contract from the Energy Efficiency Services Limited (EESL) for the development of 40 MW of solar projects in Maharashtra. The projects are part of a 100 MW tender that was issued by the EESL in May 2019. Hild Energy was awarded the project in Maharashtra at the cost of Rs 1.94 billion, while the other bidders who participated in the tender were, Central Electronics Limited, Tata Power Solar, and Mundra Solar (Adani).
Energy Efficiency Services Limited (EESL) was established in 2009 as a joint venture of four central power sector undertakings – NTPC, the Power Finance Corporation, the Rural Electrification Corporation and Power Grid Corporation of India Limited (Powergrid) – to facilitate the implementation of energy efficiency-related projects in the country. EESL works closely with the Bureau of Energy Efficiency and is leading the market-related activities of the National Mission for Enhanced Energy Efficiency.
One of the youngest corporate entities under the Ministry of Power, EESL, which was till now best known for successfully implementing flagship government schemes such as Unnat Jyoti by Affordable LEDs for All (UJALA) and the Street Light National Programme, is now entering a new phase of growth through the diversification of its activities. The company has forayed into the solar space with the launch of multiple projects and is also spearheading the government’s National Electric Mobility Mission that seeks to have 400,000 electric vehicles (EVs) across the country by 2020.
Read more about EESL here…