Highlights :
- EESL and SHELL in talks for ₹ 40,000 crore Joint Venture
- Solar Traffics in the country have fallen to as low as ₹ 2.36 per unit
- EESL JV plans to source used batteries from car manufacturers
State run, EESL ( Energy Efficiency Services Limited ) is in talks with Oil Major Royal Dutch Shell for a Joint Venture to invest over ₹ 40,000 crore in setting up 5,000 MW decentralised solar plants with storage for low cost electricity in rural India.
EESL JV plans to source used batteries from car manufacturers, which are proposed to be used as stationery storage devices.
Solar Traffics in the country have fallen to as low as ₹ 2.36 per unit but they do not include various charges and are without storage.
About EESL :
Energy Efficiency Services Limited (EESL) is an energy service company of the government of India, and is the world's largest public Energy Service Company.
It is 100% government owned, joint venture of state owned NTPC limited, Power Finance Corporation , REC Limited and PowerGrid.
EESL was formed under India's Ministry of Power to facilitate energy efficiency projects.
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