Coal India has signed a Memorandum of Understanding (MoU) with Energy Efficiency Services (EESL) for reducing its carbon footprint and improving the overall operational efficiency and profitability. This MoU will enable EESL to help CIL reduce 10-15 per cent of its annual consumption of 4,600 million units (MU) of energy.
EESL will help CIL with energy efficiency in processes along with de-centralised captive solar plants and help to improve operational efficiencies of CIL's subsidiaries and reduce significant costs, without any upfront investment. Under the MoU, EESL will help CIL to conduct energy audits and undertake assignments to minimise losses on account of energy through financial energy service company (ESCO)/renewable energy service companies (RESCO) model.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
