EESL targets deploying 10 million energy-efficient fans in India, ET EnergyWorld


New Delhi: Energy Efficiency Services Ltd (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, announced it plans to deploy 10 million energy efficiency fans in India.

“By replacing all current ceiling fans with the most efficient models available today, nearly 20 per cent of total residential electricity consumption can be diminished. EESL aims to capitalize on this potential for savings by deploying 10 million 5-star energy-efficient ceiling fans across India,” the company said in a statement.

The company organised a workshop with Collaborative Labeling and Appliance Standards Program (CLASP), where industry stakeholders gathered to discuss opportunities, challenges, and ways to enable efficient fan market transformation in India.

EESL promotes adoption of energy-efficient appliances, such as LED bulbs, tube lights, and high-performance fans. Ceiling fans contribute to 40 per cent of total residential electricity consumption, which accounts for over a quarter of India’s overall electricity usage.

“We aim to procure or distribute energy-efficient fans that consume 60% less energy than conventional fans and make them affordable and accessible to every household. Switching to these fans will help in securing an energy-conscious and sustainable future for all,” said Venkatesh Dwivedi, Group Executive Director, EESL.

EESL is a joint venture of NTPC, Power Finance Corporation, Rural Electrification Corporation and POWERGRID. It was set up to facilitate implementation of energy efficiency projects. It is a Super Energy Service Company (ESCO) that seeks to unlock energy efficiency market in India, estimated at Rs 74,000 crore that can potentially result in energy savings of up to 20 percent of current consumption.

  • Published On Jun 4, 2023 at 07:36 AM IST

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