Convergence Energy Services Ltd (CESL) has signed an agreement with CSC e-Governance Services India Ltd (CSC SPV) to create demand aggregation for electric mobility, solar, energy efficiency solutions and other initiatives of CESL.
The proposed relationship aims to create a sustainable living, create employment opportunities, and promote clean energy solutions across remote locations of India.
Scope of agreement
Under the agreement, CESL and CSC will aggregate demand and carry out feasibility studies for projects in renewables (decentralized solar), energy efficiency(solar micro-grids, solar based agricultural pump-sets), e-mobility (EV charging stations, battery charging stations and battery swapping stations), battery energy storage systems, etc.
Expanding outreach
Speaking on the occasion, Ms Mahua Acharya, MD, CESL, said, “Through this agreement, we will be able to expand our outreach across the country. Convergence, with its new and innovative business models, intends to maximise India’s efforts on climate action and accelerate the impact of our initiatives in greening India.”
Contributing to climate action
Highlighting the importance of the agreement, Sanjay Kumar Rakesh, Chief Executive Officer, CSC, said, “It is an honour to partner with CESL to create demand aggregation for projects that will contribute to climate action. With CSC’s strength in implementing inclusive schemes on a large scale, this agreement will enable wide-scale deployment of renewables, electric mobility, and other energy efficiency solutions that are crucial for India’s energy transitions.”
Clean energy supply
CESL, a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL) and a newly established company, is taking the lead in delivering clean, affordable, and reliable energy supply. It is focusing on energy solutions that lie at the confluence of renewable energy, electric mobility, and climate change by using innovative financial models. It will also prepare, monetize, and hold carbon assets arising from clean energy generation, battery energy storage and energy efficiency.
Strategic corner stone
Common Services Centres (CSCs) are a strategic corner stone of the Digital India programme. CSCs are envisaged as assisted front end ICT (Information and Communication Technology) enabled centres for delivery of various G2C (Government to Citizen) and other B2C (Business to Citizen) services to the citizens.
