Energy Efficiency Services (EESL) will be installing energy-efficient LED lights at airports, buildings and facilities owned by the Airports Authority of India (AAI) across India. EESL will make the entire upfront investment of Rs 24.41 crore on the project.
EESL will do the entire procurement of lighting equipment, installation, repair / maintenance without any cost burden on AAI for 5 years. EESL will complete the LED project within 4 months from the date of signing a definitive Energy Performance Agreement (EPA).
EESL will execute the energy efficiency program on Energy Service Companies (ESCO) model and make the entire investment and recover investments through monetised shared savings.
EESL has partnered with several institutions like the Indian Railways, Central Public Works Department, Delhi Metro Rail Corporation etc. to replace inefficient lighting and cooling appliances with efficient equipment.
EESL has already set up energy-efficient appliances in prominent government buildings such as NITI Aayog, Nirman Bhawan, Sardar Patel Bhawan, Shastri Bhawan, J&K Assembly, Jammu Secretariat, Vidyut Bhawan, and Rajiv Chowk metro station.
The cost savings through 508 building projects across India are estimated to be over Rs 41 crore with reduction of 38,392 tonnes of CO2 emissions. EESL is implementing the programme at 2,862 buildings across India.
EESL aims to bring in investment of around Rs 1000 crore covering more than 10,000 large government / private buildings by 2020 enabling annual monetary savings of Rs 800 crore, energy savings of 100 crore kWh per year and annual CO2 reduction of 10 lakh tonne.