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NTPC’s JV eyeing to sell 40,000 ACs in 6-8 months

28 Aug 2019 Evaluate

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, is eyeing to sell around 40,000 air-conditioners (ACs) over the next six to eight months under its product expansion plan. Also, the company announced its expansion to Chennai, Bengaluru, Mumbai, Kolkata, Hyderabad and Jaipur.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 320.05
Tata Power 350.15
Adani Power 198.60
Power Grid Corpn. 256.45
Adani Energy Solut. 1344.60
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