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Project Detail:
The project development objectives are to scale up energy savings in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing.
The scope of the Program proposed for support includes Government of India’s “Unnat Jyoti by Affordable LEDs for All” (UJALA) initiative implemented by EESL, covering Light Emitting Diode (LED) lightbulbs, LED tubelights, and ceiling fans; and the “Street Lighting National Program” (SLNP). The proposed PforR operation would support the scale up of EE market transformation under UJALA and SLNP; as well as the incorporation of sustainability elements into EESL’s newer business areas and institutional strengthening of EESL for sustainable scale-up. In addition, through the provision of an IPF loan/bond guarantee, the operation will enhance EESL’s access to commercial financing markets which would further scale investments in UJALA and SLNP.
Note: Please Download Project Document attached to this Project for more information.
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