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In October 2021, Energy Efficiency Services Ltd (EESL) has appointed whom as Chief Executive Officer (CEO) on deputation?

In October 2021, Energy Efficiency Services Ltd (EESL) has appointed whom as Chief Executive Officer (CEO) on deputation? Correct Answer Arun Kumar Mishra 

The correct answer is Arun Kumar Mishra.

Key Points

  • Energy Efficiency Services Ltd (EESL), a joint venture of NTPC Ltd and Power Grid Corp. of India Ltd, has appointed Arun Kumar Mishra as Chief Executive Officer (CEO) on deputation.
  • EESL, an energy service company (ESCO), is among the earliest entrants in India’s energy efficiency market.
  • Arun Mishra has earlier worked with National Thermal Power Corporation Limited (NTPC).

Important Points

  • The appointment of Mishra follows EESL's executive vice chairperson Saurabh Kumar resigning.
  • The PSU, set up under union power ministry, has been allotted the demand aggregation of electric three-wheeler and electric bus component under the ₹10,000 crore Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (Fame) scheme of the central government.
  • EESL’s subsidiary Convergence Energy Services Limited (CESL) aims to have 200,000 two-wheeled EVs and 300,000 three-wheeled EVs across India.
  • CESL is running the Gram Ujala scheme that offers the world’s cheapest LED bulbs in rural areas at ₹10.

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: State-run Energy Efficiency Services (EESL) has scrapped its second tender for procurement of 10,000 electric cars as the industry awaits clarification on specifications for chargers which will allow higher end, luxury automakers to come into the picture. This tender was floated in April and had been on hold after a preliminary pre-bid meeting. A similar tender was floated in August last year, and the rollout of 10,000 cars under the tender was expected to be completed by March 2019.  Why is EESL scraping the tender for procurement of 10,000 electric cars? Arguments: I. The share of luxury cars could go further up since it would be a good way of aggregating demand, Kumar said. This, however, strictly depends on the final order from DST. II. The tender had set aside 20% share of the total order for higher end and upgraded sedans category, which would allow foreign automakers like Nissan, Hyundai, Kia Motors to drive away with a fair share of the tender.  III. EESL said that the company has been awaiting clarification from the Department of Science & Technology (DST) to issue the standard norms for charging stations because of which the tender was first put on hold and now has been scrapped entirely.
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