Decentralized Energy
Summary
Indian state-owned Energy Efficiency Services Ltd (EESL) is planning to buy a heat and power utility in the UK, according to the firms managing director, as India attempts to make greater strides in energy efficiency.
The company also plans to simultaneously invest in firms setting up fast-charging electric vehicle infrastructure and large battery storage in Canada.
EESL is a joint venture of NTPC Limited, Power Finance Corporation, Rural Electrification Corporation and POWERGRID and was set up under the Indian Ministry of Power to facilitate implementation of energy efficiency projects.
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