Energy Efficiency Services (EESL), a joint venture of public sector undertakings under the Ministry of Power, signed a Memorandum of Understanding (MoU) with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC) Malaysia at India Energy Week (IEW). The MoU aims to promote the adoption of energy efficiency and sustainable practices in the region.
MT-GT is positioned as part of the ASEAN building block, linking ASEAN Sustainable Urbanisation Strategy with IMT-GT Sustainable Urban Development Framework 2019 – 2036 (SUDF).
Significance of This MoU:
- Under this partnership, EESL will implement Rooftop Solar, LED Street Light Project, Electric Mobility, UJALA, and Building Energy Efficiency Programme in Indonesia, Malaysia, and Thailand.
- As part of this strategic partnership, EESL will provide technical advisory, project management support, contracting and implementation support to execute select energy efficiency programmes from its portfolio with proven track records of successful implementation.
- EESL will also collaborate with IMT-GT JBC Malaysia to identify opportunities for saving energy and lowering carbon emissions. Additionally, the IMT-GT JBC Malaysia will identify other new interventions to achieve its targets under Green City Action Plans 2022-2025 and assist EESL for various sector-led negotiations as well as provide support for the successful roll out of energy efficiency projects in Indonesia, Malaysia, and Thailand.