PIB News Update: Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) under Ministry of Power has signed two Memorandum of Understanding (MoU) with two states of India – Meghalaya and Union Territory of Ladakh amounting to around 65 MW of decentralised solar.
In the first MoU with Meghalaya Power Distribution Corporation Limited (MePDCL), CESL has signed an MoU worth 60MW, which will also entail finding synergies in business development to implement various sustainable solutions like pump sets, LED lighting and solar power stations for agriculture, etc in the north-eastern state of Meghalaya. With the Union Territory of Ladakh, CESL will implement various clean energy and energy efficiency programmes including decentralsied solar power in Zanskar region worth 5MW.
Sharing her views on the partnerships, Ms Mahua Acharya, CEO & MD, CESL that CESL is honored to partner with state government agencies to move towards a cleaner and greener future. Decentralized power is the way to go – it reduces costs for the DISCOMs, increases power quality and offers opportunities to green future demand by providing energy efficient appliances to people.
Commenting on the partnership, Shri R K Mathur, Lieutenant Governor of Ladakh said that Energy Access for Ladakh is of utmost importance. He further added that Ladakh government seeks to enhance the quality life of the people in Ladakh by delivering renewable power, energy-efficient solutions that can be implemented in difficult terrains of Ladakh.
Shri Arunkumar Kembhavi, Chairman-cum-Managing Director, Meghalaya Power Distribution Corporation Limited, Government of Meghalaya said that this MoU with CESL will enable Meghalaya to be self-reliant in power. This initiative will enable energy savings, reduce T&D losses and contribute to the state’s solar capacity building.
These MoUs were signed in the backdrop of the World Environment Day, to deliver clean, affordable, and reliable energy solutions to the states. It is a significant step towards consolidating India’s position as a global green power and contribute to the clean energy footprint in the country.
About CESL:
A 100% owned subsidiary of EESL – Convergence Energy Services Limited (Convergence) under Ministry of Power, is focused on delivering clean, affordable, and reliable energy. Convergence focuses on energy solutions that lie at the confluence of renewable energy, electric mobility, and climate change.