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Business Economy


EESL signs MoU with PCRA for implementation of “Energy Efficient PNG Cook Stove” programme, across India

Kolkata, Jan 16 (UNI) Energy Efficiency Services Limited (EESL), a joint venture of PSUs
under the Union Ministry of Power, has signed a Memorandum of Understanding (MoU)
with Petroleum Conservation Research Association (PCRA), Ministry of Petroleum &
Natural Gas for implementation of the EEPS programme on a pan India basis.
The MoU was exchanged in the presence of Tarun Kapoor, Secretary (Petroleum &
Natural Gas) & Chairman, PCRA during the inauguration of SAKSHAM (Sanrakshan
Kshmata Mahotsav) Campaign 2021, a month long annual event by PCRA.
Under this MoU, EESL will execute and implement EEPS programme across India and
will collaborate with PCRA to promote the programme and distribute energy efficient
PNG based cook stoves to prospective consumers.
The Energy Efficient PNG Cook Stove (EEPS) programme, in its first phase, will
witness the distribution of 10 lakh energy efficient PNG based cook stoves in select
cities of the country.
The programme will be available to all PNG consumers in the relevant areas. The
consumers can opt for two kinds of payment models for availing the programme -
Upfront or EMIs. EESL will implement this programme by mobilizing the requisite
investment and will do procurement, distribution, annual maintenance, and warranty
obligations.
Commenting on the partnership, Dr. Niranjan Kumar Singh, IFS, Executive Director,
PCRA said, “Natural gas is a clean source of energy. This programme will not only be
a boon for the consumers through the proliferation of economical, convenient and
safe PNG stoves, but will also lead to energy savings and emission reduction.”
Rajat Sud, Managing Director, EESL said, “The PNG stove developed in consultation
of Indian Institute of Petroleum, Dehradun by PCRA is more efficient and safe. The
PNG stove has been designed specifically for the use of piped gas consumers. This
will help in considerable fuel conservation and savings upto 25% of gas consumption.”
For this programme, using economies of scale, EESL expect a 15-20 % reduction in
price for the stoves as compared to the usual market price, which will greatly benefit
the consumers. EESL will also develop an online web portal and mobile app to
receive the orders from consumers, along with creating a real time dashboard to
monitor the orders received and delivered.
UNI BM
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