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 Climate Change

Innovation
Published on: March 8, 2023, 12:33 p.m.
EESL looks for solar induction cooking solutions
  • This programme would cut across several SDG goals to create public value

By Business India Editorial

Energy Efficiency Services Limited (EESL) has floated an Expression of Interest (EoI) for market-based interventions for adoption of large-scale solar power-based induction cooking solutions by leveraging carbon financing. 

The overall objective of the project is to provide such solutions to all beneficiaries along with basic induction-based cookware “practically at no cost” by leveraging carbon financing, the EoI said. 

Through the EoI, EESL intends to seek public consultations on the proposed model of implementation of large-scale solar-based electric cooking interventions, including on carbon financing; technical specifications; and alternate models of implementation; apart from a design of a suitable M&V device to facilitate an easy validation and verification for carbon financing. 

“EESL readies herself to expand into yet another large-scale programme that would impact ease of living at scale. This programme would cut across several SDG goals to create public value,” said Vishal Kapoor, CEO, EESL.

The company said in the EoI that a solar-based induction cooking solution for rural and urban households in India for Indian cooking practices will involve many broad-based elements in the business model. 

EESL has called a meeting of the stakeholders in the third week of March to take the discussion forward. Investors, technology providers, start-ups, carbon finance experts, international organisations, NGOs, carbon market companies and other stakeholders can submit their interest along with concrete ideas or proposals by 12 March. 

The EoI stated that EESL and its subsidiary CESL focus on solution-driven innovations to provide public value at scale and operates with the intent of creating and opening markets which have the capacity to exist but have not been able to take-off due to various constraints. It goes on to cite the examples of LED bulbs, street lights, smart meters, feeder-level solarisation, and electric buses.


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