Can ESCOS enhance competitiveness of Indian firms while creating green jobs

Various studies have estimated that the energy services market is India is north of Rs 1 trillion.

Two big and ambitious announcements in the last three months gives me genuine hope that energy efficiency, in general, and ESCOs in particular must play a major role in achieving the commitments made by the Honourable Prime Minister, Shri Narendra Modi at the COP26 in Glasgow. Two of them are part of the Panchamrit commitments: a) reduction of carbon intensity by 45% by 2030; b) reduction of 1 billion tonnes of CO2e by 2030; and the other and perhaps more significant is the target set by the Power Minister, Shri R. K. Singh, to save 150 mtoe by 2030. 

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