New Delhi, 06 February 2023 – Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, signed a Memorandum of Understanding (MoU) with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC) Malaysia at India Energy Week (IEW) to further promote the adoption of energy efficiency and sustainable practices in the region. As part of this strategic partnership, EESL will provide technical advisory, project management support, contracting and implementation support to execute select energy efficiency programmes from its portfolio with proven track records of successful implementation. The MoU was signed Mr. Vishal Kapoor, CEO, EESL, Ir. Ts. Dr. Mahadi Mohamad as well as other dignitaries from IMT-GT & EESL in the august presence of High Commissioner of India to Malaysia Shri B.N. Reddy, Additional Secretary Shri Ajay Tiwari Ministry of Power, Government of India.
Under this partnership, EESL will implement Rooftop Solar, LED Street Light Project, Electric Mobility, UJALA, and Building Energy Efficiency Programme in Indonesia, Malaysia, and Thailand. EESL will also collaborate with IMT-GT JBC Malaysia to identify opportunities for saving energy and lowering carbon emissions. Additionally, the IMT-GT JBC Malaysia will identify other new interventions to achieve its targets under Green City Action Plans 2022-2025 and assist EESL for various sector-led negotiations as well as provide support for the successful roll out of energy efficiency projects in Indonesia, Malaysia, and Thailand.
Speaking about the agreement Mr. Vishal Kapoor, Chief Executive Officer, EESL said, “EESL is steadfast in its commitment to provide universal access to energy efficiency through affordable and innovative solutions. Building on our brand commitment, we have collaborated with the esteemed Indonesia Malaysia Thailand Growth Triangle Joint Business Council. EESL has pioneered energy efficiency improvement across India and empowered millions of people through its services. Our partnership with IMT-GT will further promote sustainable growth across businesses and make energy efficiency central to the growth trajectory of all the cities under the council.”
Commenting on the strategic partnership, Ir. Ts. Dr. Mahadi Mohamad, Director, IMT-GT Joint Business Council, Malaysia added, “We are excited to partner with EESL, whose expertise in streamlining energy efficiency and related practices in India is well known. Today, nations all across the globe have realized the value of sustainable development and the need to reduce carbon emissions to safeguard the ecological balance of the planet. Our partnership with EESL is a testament of our efforts to promote low carbon and climate resilient development powered by renewable sources as well as energy efficient measures.”