CESL signs memoranda of understanding with Ladakh and Meghalaya; expands its decentralized solar portfolio

Convergence Energy Services Limited (CESL), a 100% subsidiary of Energy Efficiency Services Limited (EESL) under the Ministry of Energy, has signed two memoranda of understanding with two Indian states – Meghalaya and Union Territory of Ladakh, amounting to around 65 MW of decentralized solar power.

In the first MoU with Meghalaya Power Distribution Corporation Limited (MePDCL), CESL signed a Memorandum of Understanding worth 60 MW, which will also involve finding synergies in business development to implement various sustainable solutions such as pump sets, LED lights and solar power plants for agriculture etc. in the northeast of the state of Meghalaya. With the Union Territory of Ladakh, CESL will implement various clean energy and energy efficiency programs, including decentralized solar energy in the Zanskar region with a value of 5 MW.

Sharing her perspective on partnerships, Mahua Acharya, CEO and MD, CESL, that CESL is honored to partner with state government agencies to move forward towards a cleaner, greener future. Decentralized energy is the way to go – it cuts costs for DISCOMs, increases power quality and provides opportunities for future green demand by providing energy efficient devices to people.

Commenting on the partnership, RK Mathur, Lieutenant Governor of Ladakh said energy access for Ladakh is of the utmost importance. He further added that the government of Ladakh seeks to improve the quality of life of the people of Ladakh by providing renewable energy and energy efficient solutions which can be implemented in the difficult terrain of Ladakh.

Arunkumar Kembhavi, Chairman and CEO of Meghalaya Power Distribution Corporation Limited, Government of Meghalaya, said this MoU with CESL will enable Meghalaya to be self-sufficient in power. This initiative will save energy, reduce T&D losses and help strengthen the state’s solar capacity.

These MoUs were signed in the context of World Environment Day, to provide clean, affordable and reliable energy solutions to states. This is an important step towards consolidating India’s position as a global green energy and contributing to the country’s clean energy footprint.

Source: Ministry of Power

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