Current Affairs

EESL plans to Invest Rs 180 crore in Super-efficient ACs

Current context: Energy Efficiency Services Ltd. (EESL) plans to sell 50,000 ACs under its super-efficient AC programme (SEAP).
EESL plans to Invest Rs 180 crore in Super-efficient ACs 
  • EESL is a joint venture between 4 PSUs under the Ministry of Power.
  • Under Super-efficient AC programme (SEAP), EESL is planning to sell 50,000 AC in the first phase which will be based on first come first serve basis.
  • It is expected to save 27 million kWh of electricity per year. A total investment of Rs 180crore is planned out of which it will be supported by grants from Global Environment facility.
  • Then by the 2nd phase, it is planning to sell 2lakh units by 2021, targeting both resident and institutional consumers.
  • These AC will be manufactured by Voltas and would cost Rs 41,300 and will be exclusively sold on Walmart.in.

Question: 

Q.1 Energy Efficiency Services Ltd. (EESL) recently in the news, comes under which Ministry?
a. Ministry of Power
b. Ministry of Heavy Industries and Public Enterprises
c. Ministry of Micro, Small and Medium Enterprises
d. Ministry of New and Renewable Energy
EESL plans to Invest Rs 180 crore in Super-efficient ACs EESL plans to Invest Rs 180 crore in Super-efficient ACs Reviewed by Neha Verma on August 28, 2019 Rating: 5

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