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ADB approves $250 mn loan to EESL to expand energy efficiency investments

By : Sustainability ..., Nov 28, 2019

The Asian Development Bank (ADB) on Wednesday said it has approved a loan of $250 million (about Rs 1,775 crore) as part of an assistance package to EESL to expand energy efficiency investments in India. The new ADB project is a sector loan guaranteed by the Government of...

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EESL plans to issue tender for e-luxury cars in January

By : Sustainability ..., Nov 28, 2019

State-run Energy Efficiency Services Ltd (EESL) is set to float a tender for procurement of electric luxury cars, possibly in the range of Rs 25 lakh each, which it plans to lease out to cab aggregators like Ola and Uber, people aware of development said. “EESL may go for a...

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PWD’s e-Car pilot project clocks 92 per cent savings

By : Sustainability ..., Nov 25, 2019

Department officials used e-cars from February to July this year. A pilot project to replace government vehicles run on petrol and diesel with environment-friendly electric cars undertaken by the Maharashtra Public Works Department (PWD) has yielded remarkable results, with...

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A boon to discoms, but privacy concerns remain over smart meters

By : Sustainability ..., Nov 22, 2019

The government’s move to push smart meters could reduce bill shocks for power consumers and potentially rein in the debt woes of distribution companies (discoms) by reducing theft and improving their operational efficiency, but privacy issues continue to linger. This comes in...

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75 parking lots in south Delhi to get e-charging stations by December

By : Sustainability ..., Nov 22, 2019

In a bid to motivate people into using electric vehicles, South Delhi Municipal Corporation has finalised the plan to install charging points at 75 parking lots by December. The civic body has shared the list of the identified parking lots with Energy Efficiency Services...

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Electric Vehicles will account for over a half of all passenger vehicle sales by 2040

By : Sustainability ..., Nov 21, 2019

Around 57 per cent of all global passenger vehicle sales, and over 30 per cent of the passenger vehicle fleet, will be electric by 2040, according to the Bloomberg New Energy Finance (BNEF). The BNEF Electric Vehicle Outlook 2019 expects annual passenger EV sales to rise to...

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Rajya Sabha Secretariat hires E-vehicles to ferry members within Parliament complex

By : Sustainability ..., Nov 18, 2019

Rajya Sabha Secretary-General Desh Deepak Verma on Friday flagged off two units of E-vehicle transport facility for ferrying members in the parliament premises. Rajya Sabha Chairman and Vice President Venkaiah Naidu also inspected the E-vehicles after they were flagged off....

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EESL to fall short of its target of electrifying government car fleets two years after the deadline

By : Sustainability ..., Nov 13, 2019

State-owned Energy Efficiency Services Limited’s (EESL) move to electrify government employees’ car fleet has fallen short of its ambitions with the company set to close its tender for 10,000 electric cars at the end of March 2020 with an expected procurement of only 3,000...

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EESL to Host Inspire 2019, With Focus on Energy Security and Sustainability

By : Sustainability ..., Nov 8, 2019

In a bid to foster a conducive ecosystem for sustainable energy through innovation, Energy Efficiency Services Limited (EESL) a joint-venture of PSUs under the Ministry of Power, Government of India will host its flagship international event, ‘International Symposium to...

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Indian Government Procures Hyundai Kona Electric SUV for Senior Officials

By : Sustainability ..., Oct 22, 2019

In a step to promote the growth of electric vehicles in India, the Central Government has placed orders with Hyundai Motor Co for the Kona electric compact SUV. The bid was finalized after the Energy Efficiency Services Limited (EESL) chose the Korean manufacturers over home-...

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