Energy Efficiency Services Limited (EESL) is a Super Energy Service Company (ESCO), which enables consumers, industries and governments to effectively manage their energy needs through energy efficient technologies. EESL is implementing the world’s largest energy efficiency portfolio across sectors like lighting, buildings, electric mobility, smart metering, agriculture, etc. at a scale which no organization has been able to achieve. EESL’s energy efficiency solutions have saved India over 47 billion kWh energy annually while reducing 36.5 million tonnes of carbon emission.
Founded in 2009, EESL is promoted by Ministry of Power, Government of India as a Joint Venture of four reputed public- sector undertakings NTPC Limited, Power Finance Corporation Limited, REC Limited and POWERGRID Corporation of India Limited. EESL focuses on solution-driven innovation with no subsidy or capital expenditure (CAPEX). It is able to do so using its Pay-As-You-Save (PAYS) model, which obviates the need for any upfront capital investment by the consumer.
NIIF a professional fund manager, anchored by the Government of India along with participation from institutional investors such as ADIA and leading Indian private financial institutions. It is a collaborative investment platform focused on Indian infrastructure with best-in-class governance and a strong team with Indian and international experience in infrastructure investing.
NIIF, through its funds will invest in operating assets, greenfield projects and anchor third party managed funds in core infrastructure and related segments. With USD 3 billion commitment from GOI along with commitments from other institutional investors, NIIF has the ability to operate at scale whilst providing long term and patient capital. It intends to be a key channel of investment into Indian infrastructure with a focus on transportation (roads, ports and airports), energy, urban planning and other infrastructure and allied segments.
NIIF currently manages three different funds that have distinct investment strategies. Each of the funds provide one with the ability to aggregate operating infrastructure assets, support development of infrastructure projects and businesses, and invest into funds that allow each one to gain exposure into a wide range of sectors and strategies. The entity facilitates all of this through experienced fund management teams that have a strong track record in delivering investor value.