Arun Kumar Mishra to Lead EESL as CEO
State-owned Energy Efficiency Services Ltd (EESL) has appointed Arun Kumar Mishra as Chief Executive Officer (CEO) on deputation.
October 11, 2021. By Manu Tayal
He will be responsible for operations of EESL across the nation, until further notice.
Mishra is a veteran in the energy sector, with more than 3 decades of experience in National Thermal Power Corporation Ltd (NTPC) and Power Grid Corporation of India Ltd (PGCIL) including Policy perspective as Director, National Smart Grid Mission (NSGM) – Project Management Unit (PMU) and Vice Chair, International Smart Grid Action Network (ISGAN).
Commenting upon his appointment, Arun Kumar Mishra said, “it is an honor to be a part of world’s largest public Energy Service Company (ESCO). Government of India has acknowledged potential of renewable energy and energy efficiency as the key pillars of National climate change strategies. I look forward to consolidating EESL leadership position in sustainable energy transformation.”
EESL is a joint venture (JV) of public sector undertakings i.e. NTPC Ltd, Power Finance Corporation, Rural Electrification Corporation (REC) and PGCIL. It was set up under the Ministry of Power to facilitate implementation of energy efficiency projects.
EESL 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 per cent of current consumption, by way of innovative business and implementation models driven by market aggregation.
It also acts as the resource center for State Distribution Companies (Discoms), State Development Authorities (SDAs), upcoming Energy Service Companies (ESCOs), financial institutions, etc.
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