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EESL explores gas technology to cut power costs

<p>Energy Efficiency Services Ltd (EESL), which is leading government campaigns for electric vehicles, LED bulbs and smart meters, is preparing the ground for a new $20 billion market that will include gas engines to produce cooling, heat and electricity to halve power costs for establishments like hotels, hospital and malls.</p> <p>It&#39;s a technology that has existed for a very long time. This is something that EESL is now going to venture into in a very, very big way with same service model. Currently, the company has completed energy audits in two hotels and we also have an industrial client on board. The consumer just have to enter into a power purchase agreement (PPA) with EESL. The technology has a potential of 20,000 megawatts in the country.</p>