State-run EESL aims to triple revenue to Rs 10,000 crore in three years

The company is leaning on its bulk procurement strategy, grants, and absense of branding and supply-chain cost to achieve this goal

State-run company, Energy Efficiency Services Limited (EESL), is targeting a revenue of around Rs 10,000 crore over the next three years from the current figure of Rs 2,800 crore. The target comes on the backdrop of company's plan to expand its revenue stream in both consumer and industrial segments. The firm plans to deploy around Rs 20,000 crore capital during the same period.

EESL is now expanding into geysers, induction cook tops, centralised ACs and other household durables. 

Speaking to Business Standard on the sidelines of the company's launch of a new air conditioner in Chennai, S P Garnaik, CGM (technical), EESL