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Indore, September 13, 2022: EKI Energy Services Ltd. (EKI), a leading carbon developer and supplier across the globe, today announced that it has become the first ever company to lists a Plastic Project from India under a global accreditation standard.
EKI Energy Services Ltd. (EKI) lists India’s first Plastic Project
Indore, September 13, 2022: EKI Energy Services Ltd. (EKI), a leading carbon developer and supplier across the globe, today announced that it has become the first ever company to lists a Plastic Project from India under a global accreditation standard.
With this, the Indore based carbon credit expert that has been working in the realm of climate action and offset solutions since the last 14 years across 16 countries, has become the first ever to list a Plastic Project from the country with an aim to generate India’s first ever International Plastic Credits.
The project ensures that plastic waste – predominantly Polyethylene Terephthalate (PET) waste, PET flakes and chips is duly sourced and recycled to produce Recycled Polyester Staple Fibre (RPSF) that can be further used in the textile industry for garments and other fabric based utility products.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. (EKI) said, “Today, majority of the plastic waste in the country end up either in landfills or is burnt, both of which leak toxic and poisonous chemicals into the environment, adversely affecting the climate. A structured plastic project enables this waste to be collected and recycled in a safe manner, enabling the waste to be transformed into safe to use fabric. As we are empowering such projects to get listed and consequently generate additional revenues, it will inspire many more projects in the country to scale their recycling activities in a structured manner for Plastic Credits Finance that can facilitate and promote greater climate action. Such a value chain will also empower all stakeholders of the collection and recycling process – starting from the rag pickers to recycling facilities. We are delighted to enable the plastic industry in this quest to increasingly contribute to climate action”.
The plastic project has been listed under the Plastic Waste Reduction Standard of Verra – the Washington based accreditation that is a cornerstone standard globally for the implementation of various climate projects. Verra enabled the listing of plastic projects a year back and today EKI has become the first company to accomplish this milestone of listing India’s first ever-plastic project for plastic waste mitigation certifications. For more information, click here: https://verra.org/.
EKI continues to enable climate projects across India to generate credits for their contribution in reducing carbon from the atmosphere. With its global leadership and deep expertise, EKI can empower all projects in the country to seamlessly generate additional revenues through climate finance. EKI offers end-to-end strategic solutions enabling customers to future proof their climate action roadmap and ESG mandates. With a step-by-step guide to enable this transition and journey to net-zero, EKI offers a comprehensive bouquet of solutions enabling organizations across the world to fast track their climate ambition(s). EKI offerings span across Carbon Credit/Asset Management, Carbon Credit Generation, Carbon Credit Supply, Carbon Credit Offsetting, Carbon Footprint Management, Sustainability Audits, as well as Carbon Neutrality and Climate Positive initiatives. For more details, log on to www.enkingint.org
Indore, September 1 2022: EKI Energy Services Ltd. (EKI), a leading carbon credit developer and supplier across the globe, today announced that further enhancing its leadership as the most trusted partner for the end-to-end management of smart city projects in the country, the company has bagged the consultancy services contract of Varanasi Smart City.
EKI Energy Services Ltd. (EKI) on boarded by Varanasi Smart City as its climate partner
Indore, September 1 2022: EKI Energy Services Ltd. (EKI), a leading carbon credit developer and supplier across the globe, today announced that further enhancing its leadership as the most trusted partner for the end-to-end management of smart city projects in the country, the company has bagged the consultancy services contract of Varanasi Smart City.
Under the contract, EKI will empower Varanasi Smart City to monetize its greenhouse gas (GHG) reduction projects for high quality carbon credits. EKI will enable Varanasi Smart City in the development and management of green projects with the best capabilities for maximum GHG mitigation that will enable Varanasi Smart City to get project accreditations under preeminent international standards including – VCS (Verified Carbon Standard) / GS (Gold Standard) / GCC (Global Carbon Council) / IREC (International – Renewable Energy Certificates) amongst others.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. said, “All of us at team EKI are super proud that as a brand we continue to expand our leadership as the most preferred partner for smart city projects in the country. This win is yet another testimony for our continued commitment to deliver world class services to our partners as we enable them to make their climate projects profitable. We help our partners to realize additional revenues that can be further utilized for increased green project development or other community welfare initiatives in the country. We promise to continue our endeavor to build a sustainable tomorrow as we steer a planet to a net-zero future”.
Dr D Vasudevan, Chief General Manager, Varanasi Smart City Limited said, “EKI is a renowned brand in the realm of carbon credits not only within India but globally. We are happy to on board EKI as our climate project enablers and are confident of their ability to help us manage all our sustainability projects for maximum climate financing with which we can support and fund multiple other welfare and developmental initiatives that we have in Varanasi. We look forward to a long-term association with EKI and to together enable the country to strive ahead in its quest to become net-zero by 2070 as committed at COP26”.
Under the contract, EKI will offer its comprehensive bouquet of strategic consultancy services for the end-to-end management of all the GHG mitigation projects of Varanasi Smart City starting from the feasibility assessment of projects to its validation & registration and finally its verification for the generation of high quality GHG carbon credits that can be monetized in global markets for additional revenues.
EKI continues to enable other smart city projects across the country including the Indore Smart City Development Ltd. (ISCDL), Ujjain Smart City, Visakhapatnam Smart City, Municipal Corporation of Tirupati, Surat Smart City and Bhubaneshwar Smart City.
The company has enabled ISCDL to realize additional revenues of up to Rs. 8.34 crores in FY 2021-22 and also become the only Municipal Corporation in India and Asia to generate carbon finance through its sustainable initiatives. EKI’s advisory services also significantly contributed in ISCDL’s initiatives to establish the city as India’s cleanest city for the fifth year in a row under the rankings by Swachh Survekshan 2021.
Given its global leadership, deep expertise of 14 years and experience with other smart city projects, EKI can easily help replicate its strategic climate solutions and technology interventions across other municipal corporations and smart city missions in the country, enabling them all to reduce their carbon footprint to generate additional revenues from their climate projects.
EKI offers end-to-end strategic solutions enabling customers to future proof their climate action roadmap and ESG mandates. With a step-by-step guide to enable this transition and journey to net-zero, EKI offers a comprehensive bouquet of solutions enabling organizations across the world to fast track their climate ambition(s). EKI offerings span across Carbon Credit/Asset Management, Carbon Credit Generation, Carbon Credit Supply, Carbon Credit Offsetting, Carbon Footprint Management, Sustainability Audits, as well as Carbon Neutrality and Climate Positive initiatives. For more details, log on to www.enkingint.org
Indore, 29th July 2022: EKI Energy Services Limited (EKI), a leading developer and supplier of carbon credits across the globe, today announced its Financial Results for the first quarter ending 30th June 2022 of FY 2022-23.
Indore (India) July 1, 2022: EKI Energy Services Ltd (EKI), a leading developer and supplier of carbon credits across the globe, today announced that effective July 4, 2022, the company will complete the migration of its equity shares from the BSE SME platform to BSE Main Board. The company also announced the issuance of bonus shares in the ratio of 3:1 (3 shares as bonus for every 1 existing equity share held).
EKI Energy Services Ltd. to migrate its equity shares from SME to Main Board at BSE
Indore (India) July 1, 2022: EKI Energy Services Ltd (EKI), a leading developer and supplier of carbon credits across the globe, today announced that effective July 4, 2022, the company will complete the migration of its equity shares from the BSE SME platform to BSE Main Board. The company also announced the issuance of bonus shares in the ratio of 3:1 (3 shares as bonus for every 1 existing equity share held).
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EKI debuted on BSE in April 2021 under the SME segment and witnessed one of the most successful IPO of the year. It is today, the only carbon asset company in the world that is listed on the Stock Exchange.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. said, “We are delighted to achieve this remarkable milestone today and it makes us proud that we have accomplished this within 13 months of first listing on BSE. This movement to the BSE Main Board is yet another proof for our track record as a global market leader and trusted climate partner of clients worldwide. We are honored to be a part of BSE and the fantastic journey we continue to have. We would like to thank BSE for supporting us in our quest to achieve newer heights. We would also like to thank all our stakeholders including our clients, partners, investors, mentors and our dear employees for their continued support and trust in us.”
With a presence in 16 countries and 13+ years of expertise, EKI offers strategic solutions for the end-to-end management of carbon assets with an aim to conserve and restore nature while also enabling community development through sustainable practices. Earlier this year, the company announced its commitment to become net-zero by 2030 in addition to defining a target of mobilizing up to 1 billion credits within the next 5 years (by 2027). For more details, log on to www.enkingint.org
Indore (India) June 15, 2022: EKI Energy Services Ltd (EKI), a leading developer and supplier of carbon credits across the globe, today, announced that it has ventured into the Republic of Singapore with the constitution of its wholly owned subsidiary – EnKing International Pte Ltd.
EKI Energy Services Ltd. expands global presence, enters the Republic of Singapore with a wholly owned subsidiary – EnKing International Pte Ltd.
The newly constituted subsidiary will further enhance EKI’s leadership in the global Carbon Credits Market
Indore (India) June 15, 2022: EKI Energy Services Ltd (EKI), a leading developer and supplier of carbon credits across the globe, today, announced that it has ventured into the Republic of Singapore with the constitution of its wholly owned subsidiary – EnKing International Pte Ltd.
The subsidiary will offer climate consultancy and advisory services for carbon asset management through its comprehensive bouquet of sustainable solutions. With this, EKI has strengthened its global footprint and consolidated its leadership in Southeast Asian markets. The company already has a presence in neighboring countries like Thailand, Vietnam, Indonesia and Philippines. EKI will now be able to widen the scope of its services to newer markets and expand further in the region.
Mr. Manish Dabkara, CEO and CMD, EKI Energy Services Ltd. said, “We are extremely delighted to establish our presence here in Singapore – a country of beautiful skylines and immaculate greenery which is immensely affirmative for climate and the planet. We will further enhance climate action in the region with our strategic solutions and help businesses in the country to fast track their climate ambition(s) even as we strengthen our operations in the region. We are now present in 16 countries around the world and are fast expanding our global presence”.
Indore, 17th May 2022: EKI Energy Services Limited (EKI), a premier carbon credit developer and supplier across the globe, announced its Financial Results for the Half Year and Year ended 31st March 2022.
India, April 25, 2022: EKI Energy Services Ltd (EKIESL), a leading developer and supplier of carbon credits across the globe, today, announced a host of strategic plans in preparation for COP27. Charting a new roadmap for the financial year 2022-23 to gear up its continued focus for climate action, EKI unveiled a new brand identity and new brand postioning of ‘Steering the planet to net-zero’. The company also announced its commitment to become net-zero by 2030 in addition to defining a target to mobilize upto 1 billion credits within the next 5 years (by 2027).
India, April 25, 2022: EKI Energy Services Ltd (EKIESL), a leading developer and supplier of carbon credits across the globe, today, announced a host of strategic plans in preparation for COP27.Charting a new roadmap for the financial year 2022-23 to gear up its continued focus for climate action, EKI unveiled a new brand identity and new brand postioning of ‘Steering the planet to net-zero’. The company also announced its commitment to become net-zero by 2030 in addition to defining a target to mobilize upto 1 billion credits within the next 5 years (by 2027).
The company embarked on the enhanced journey today with an aim to ensure that as businesses globally plan their roadmap for FY 22-23, they will take inpsiration from EKI and include definite climate goals and targets for emission reductions and net-zero.
The new identity highlights that brand EKI is gearing up to take the role of being major contributors of climate action as it navigates the world to a greener tomorrow. The new logo reflects this vision by combining green and blue colors of the planet with a leaf at its heart to symbolize its efforts for the restoration of nature across the globe. The zero that is made by the globe and leaf together symbolizes zero for net-zero.
EKI is a carbon neutral company that has been inspiring thousands of businesses across the globe to reduce/offset their emissions through a host of sustainable solutions. With its net-zero commitment, the company will take climate action in India to newer heights by enabling the country to fast-track its stride to its net-zero commitment by the year 2070.
The company’s definitive target to contribute 1 billion credits by 2027 will play a significant role to meet the world’s requirement of 58 billion credits per year to enable temperature capping, which is an urgent and critical measure to save the planet.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. said, “With a deep passion for climate change, we have driven targeted efforts in the last 6 months since COP26. As we plan for this financial year and gear up for COP27 which is about 6 months from now, we want to accelerate climate action to full throttle and step up our strategic efforts manifold. Our renewed commitments will enable us to take greater charge of steering the planet to net-zero even as we create history by becoming a service provider who leads by example to inspire million others in this quest ”.
The brand also unveiled a renewed structure for its service offerings in line with the markey dynamics and unique requirements for urgent climate action. The new business verticals of the company are – (i)Carbon Credit Portfolio Management which includes – Climate Change, Environmental Attributes Certificates and Plastic Solutions; (ii)Environmental Commodity Supply; (iii) Carbon Project investments which includes – Water Filter Projects, LED Projects, Improved Cookstove Projects and NBS Projects; and finally (iv) Net Zero Services & ESG.
In the past 6 months, EKI announced a host of strategic steps with a special focus on contributing to world climate goals and net-zero targets agreed at COP26. The company joined hands with Shell Overseas Investments B.V. (The Netherlands), a unit of Shell plc to launch a subsidiary – Amrut Nature Solutions Pvt Ltd., to drive focused efforts to reduce carbon emissions through Nature based Solutions.The company also launched a sustainability arm with increased focus on uniquely customized climate action plans for companies to help them reduce/offset their carbon emission significantly.
EKI also enhanced its community development project – green cooking initiative and established an associate to strengthen the backward integration of carbon credit supply chain through an end-to-end management of the project. EKI recently also commenced manufacturing the improved cook stoves which have a capability to prevent up to 4000kg of CO2 emissions per year and enable 45-55% reduction in the consumption of firewood as fuel. In addition to these, EKI established offices in Dubai and Switzerland with an aim to strenghten its global presence and leadership for climate action. For more details, log on to www.enkingint.org
Some information on COP27
The 27th session of the Conference of the Parties (COP 27) to the UNFCCC is scheduled to take place 7th – 18th November 2022. Egypt will be the host country thic country and is planning the meet in Sharm El-Sheikh. Egypt plans to make the conference “a radical turning point in international climate efforts in coordination with all parties, for the benefit of Africa and the entire world”. For more, click
April 05, 2022, India: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits in the globe, today announced that its associate – GHG Reduction Technologies Pvt. Ltd. that was established earlier this year has commenced operations of its Nashik plant for the manufacturing of improved cook stoves (ICS).
EKI Energy Services Ltd.’s (EKIESL) associate – GHG Reduction Technologies Pvt. Ltd. inaugurates its Nashik plant, commences manufacturing of its Improved Cook stoves (ICS)
April 05, 2022, India: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits in the globe, today announced that its associate – GHG Reduction Technologies Pvt. Ltd. that was established earlier this year has commenced operations of its Nashik plant for the manufacturing of improved cook stoves (ICS).
Branded ‘Agneeka’, the improved cook stoves will enable rural households across the globe to switch to an efficient cooking solution. The cook stoves will be manufactured and deployed in a phased manner starting with villages in India. The company will soon commence the export of the cook stoves to remote locations in other countries for homes that are still dependent on traditional mud/three stone fire stoves.
The plant has a capacity to manufacture up to 3 million cook stoves per year and the company aims to double this by the end of the current financial year. The plant will also offer employment opportunities to 500+ people, 150 of which will be directly employed at the state-of-the-art plant build over 9000 square feet.
Mr. Pankaj Pandey, Head – Community based Projects, EKI Energy Services Ltd. (EKIESL) said, “Community upliftment is a core focus area for us at team EKIESL. In line with this, we are excited to start manufacturing our cook stoves – Agneeka and empower homes in rural villages across the globe with a healthier and safer cooking alternative that is also eco friendly given its energy efficiency. We are happy that with this we will also offer numerous employment opportunities enabling more people to improve their lives. We promise to continue this vigour to work on projects that enable and empower communities as we help build a sustainable and greener planet”.
GHG Reductions Technologies Pvt. Ltd. was established by EKIESL earlier this year as an associate for strengthening backward integration of carbon credit supply through its green initiatives. Each improved cook stove of EKIESL helps prevent up to 4000kg of CO2 emissions per year. The cookstove is about 30% more efficient than traditional mud/three stone fire cook stoves enabling a 45-55% reduction in the consumption of firewood as fuel.
EKIESL’s Green Cooking initiative is a sustainable community development programme that was launched in 2018. The project also aligns with the Sustainable Development Goals (SDGs) of the UN with its added benefits of reduction of deforestation, reduction of environmental pollution, biodiversity conservation, health benefits to villagers and generation of employment.
Since its inception in 2008, EKIESL has been working towards building a sustainable planet and offers comprehensive bouquet of end-to-end solutions for climate action, enabling companies to achieve their climate goals. For more details on EKIESL’s sustainable climate solutions, click here – https://enkingint.org
Indore: 24th March: EKI Energy Services Ltd (EKI) and Shell Overseas Investments B.V. (The Netherlands), a unit of Shell plc have joined hands to develop Nature-based Solutions (NBS) in India. As a part of their Joint Venture, a company is incorporated with the name Amrut Nature Solutions Pvt Ltd having its registered office in Indore, M.P.
EKI Energy Services Limited and Shell Overseas Investments B.V. float a Joint Venture Company for Nature-based Solutions (NBS) in India
Indore: 24th March: EKI Energy Services Ltd (EKI) and Shell Overseas Investments B.V. (The Netherlands), a unit of Shell plc have joined hands to develop Nature-based Solutions (NBS) in India. As a part of their Joint Venture, a company is incorporated with the name Amrut Nature Solutions Pvt Ltd having its registered office in Indore, M.P.
Amrut is a Sanskrit word that means immortality. With the same goal i.e. to ensure environmental sustainability, Amrut Nature Solutions Pvt Ltd will work towards conservation, restoration, and enhancement of natural ecosystems such as agriculture, forests, wetlands, grasslands, and blue carbon to reduce greenhouse gas emissions while benefitting people and nature.
The Joint Venture will provide consultancy/advisory services to develop NBS projects such as Forests, Sustainable Agriculture, Mangroves amongst others, to generate carbon credits for international voluntary or compliance carbon markets. The JV would follow high-quality standards and prominent GHG mechanisms to quantify and certify the impact they create with its project activities. The projects will not only mitigate greenhouse gases but will also address the societal challenges effectively and simultaneously provide well-being and biodiversity benefits.
Manish Dabkara, CMD & CEO, EKI Energy Services Ltd said, “We, at EKI are glad about our collaboration with Shell as we passionately work towards contributing to India’s climate ambition and building a sustainable future. Through the Joint Venture, we seek to speed India’s net-zero transition and development of a climate resilient economy by enhancing the adoption and execution of Nature-based Solutions while reducing the overall concentration of greenhouse gas in the atmosphere.”
“Shell has been increasingly working with nature to help reduce the overall concentration of greenhouse gases in the atmosphere globally. Through this joint venture – Amrut Nature Solutions and the credible partnership with EKIESL, we look forward to accelerating in the space of Nature-based Solutions in the country. This is yet another step forward in our target towards being a net-zero emissions energvy business by 2050, or sooner in step with society”, said Kazeem Khan, Shell General Manager of Nature-based Solutions.
India, February 10, 2022: EKI Energy Services Limited (EKIESL), a leading developer and supplier of carbon credits in the World, today announced that it has established a stronger presence in Europe with an office in St. Gallen, Switzerland.
EKI Energy Services Ltd. establishes a stronger presence in Europe with an office in Switzerland
The Switzerland branch will enable the company to strengthen its business operations in all of Europe
India, February 10, 2022: EKI Energy Services Limited (EKIESL), a leading developer and supplier of carbon credits in the World, today announced that it has established a stronger presence in Europe with an office in St. Gallen, Switzerland.
With this, the company will expand its footprint and business operations across all of Europe servicing clients in the region with a comprehensive bouquet of best–in-class climate solutions. The company will now deliver services in both the compliance and voluntary carbon markets across Europe.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. (EKIESL) said, “Continuing our aggressive global expansion plans, we are delighted to establish our presence in the mesmerizing alpines of Switzerland. We are excited to join hands with companies here and empower their climate journey. The new office will also help us to set foot into newer markets in Europe and further enhance our leadership in the global carbon markets”.
EKIESL has a wide global presence with offices worldwide including countries like Dubai, Turkey, South Africa amongst others. The company services 2500+ clients across 40+ countries with its turnkey solutions for carbon asset management enabling organizations worldwide to reduce or offset their carbon footprint. For more details on EKIESL, visit https://enkingint.org
India, February 9, 2022: EKI Energy Services Limited (EKIESL), a leading developer and supplier of carbon credit in the World today announced the appointment of Mr. Pankaj Pandey as the Head of its Community based Projects.
EKI Energy Services Ltd. appoints Pankaj Pandey as Head of Community based Projects
India, February 9, 2022: EKI Energy Services Limited (EKIESL), a leading developer and supplier of carbon credit in the World today announced the appointment of Mr. Pankaj Pandey as the Head of its Community based Projects.
His appointment is part of the company’s strategic plan to increase its focus on community upliftment projects that empower the society at large with an enhanced quality of life. In this role, Mr. Pandey will lead the company to newer heights in its plans to expand the reach of its community development initiatives like green cooking and other environment & community friendly projects.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. (EKIESL) said, “I am truly happy to welcome Pankaj to the EKIESL family as we continue to expand our leadership team with industry best climate experts. With Pankaj onboard, we will be able to fast-track our community development plans to ensure an inclusive growth for everyone as an important aspect of building a sustainable tomorrow. I wish Pankaj the very best for his journey with us”.
Mr. Pankaj Pandey, Head – Community based Projects, EKI Energy Services Ltd. (EKIESL) said, “I am delighted to join this team of passionate climate enthusiasts and positively contribute to climate action. The work that the company is doing for community upliftment is really commendable and I am all geared up to innovate more such projects that offer multiple social and economic benefits and offer sustainable community development ”.
Pankaj Pandey comes with about 15 years of experience and specializes in the implementation of robust sales strategies, effective pricing and excellent client relationship management that can enhance a company’s reach and market share. He has joined EKIESL from CG Power & Industrial Solutions Ltd. (erstwhile Crompton Greaves).
Introduced in 2018, EKIESL’s Green Cooking initiative is a sustainable community development programme that provides efficient cook stoves free of cost to economically weaker families in remote locations across the globe. EKEISL recently announced the incorporation of a new associate – GHG Reduction Technologies Pvt. Ltd. for the backward integration of carbon credit supply through thisinitiative, further enhancing the company’s leadership in the global carbon markets as a brand that offers end-to-end management of carbon credit generation and supply.
Since its inception in 2008, EKIESL has been working towards building a sustainable planet and offers comprehensive bouquet of end-to-end solutions for climate actions, enabling companies to achieve their climate goals. For more details on EKIESL’s sustainable solutions, click here – https://enkingint.org
India, February 3, 2022: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits in the World, today announced the launch of a new arm for its Sustainability Services.
EKI Energy Services Ltd. (EKIESL) launches new arm for
Sustainability Services
· Revamps its team for the business arm as part of a strategic step to enhance its service offerings
· With a comprehensive bouquet of services that can be customized for every client, the new business arm will offer end-to-end climate solutions
India, February 3, 2022: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits in the World, today announced the launch of a new arm for its Sustainability Services.
Established after a detailed research on the unique climate compliance requirements of companies today, the new business arm will offer an exhaustive bouquet of strategic solutions such as ESG frameworks, Green Ratings & Credentials and Climate Advisory amongst others, that will enable companies to fast-track their climate goals. The new Sustainability Service arm will offer specialized and customized solutions to companies across all business sectors including start-ups, corporates, Govt. bodies and business conglomerates amongst others across the globe.
The company has also established a new team who will together enhance the service delivery of the sustainable solutions to clients with an aim to drive client satisfaction like never before. EKIESL’s recently appointed Head of Business Development – Mr. Navin Mathur will be leading the new arm with his deep sector knowledge and vast experience.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. said, “Today, even though every activity that an organization undertakes leaves a carbon footprint, climate compliance continues to be a largely voluntary practice by companies. Most organizations are therefore not able to even gauge the adverse effect of their business activities on climate. As climate evangelists, we strongly recommend that it is time every company understood their climate obligations. We have set up this new business arm with this strategic thought process and we aim to first educate companies on the importance on being climate conscious and then onboard them to adopt sustainable practices. With our sustainability services arm, we plan to enable as many companies as possible to become climate action heroes.”
As part of its revamped offerings, the new business arm will design customized strategic roadmaps with definitive goals and also enable companies to align their ESG and climate goals to global standards and policy guidelines. With EKIESL’s customized reporting and tracking, companies will now be able to measure their real-time progress.
EKIESL’s sustainability service offerings include – ESG disclosures & reporting that can help companies to fast-track their climate goals and achieve higher ESG scores; Green Ratings, credentials and certifications from National and global institutions; Climate change mitigation and Environmental Sustainability Services; GHG Management Systems & Framework and Customized Training Programs and Webinars on all compliance requirements for climate actions.
For more details on EKIESL’s sustainable solutions, click here – https://enkingint.org
India, January 27, 2022: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits in the World, today announced that it has won a tender from Indore Smart City Development Limited (ISCDL), a “Special Purpose Vehicle” (SPV) formed under the Smart City Mission of the Govt. of India.
EKI Energy Services Ltd. bags contract as carbon credit service provider from Indore Smart City Development Ltd. (ISCDL) for the latter’s aggregator business model
India, January 27, 2022: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits in the World, today announced that it has won a tender from Indore Smart City Development Limited (ISCDL), a “Special Purpose Vehicle” (SPV) formed under the Smart City Mission of the Govt. of India.
As part of the contract, EKIESL will offer a comprehensive bouquet of end-to-end consulting services for carbon credit solutions to ISCDL. With this, EKIESL will enable ISCDL to elevate its aggregator business model through which it offers sustainable solutions to urban and rural governance bodies enabling other smart cities to become climate compliant.
With the help of EKIESL, Indore Smart City Development Ltd. will also be able to monetize emission reductions and realize additional revenue which it can use to support and fund its multiple welfare and developmental initiatives. Consequently, local bodies of other cities who join hands with ISCDL will also be able to monetize their climate initiatives.
EKIESL will offer its sustainable and profitable solutions for greenhouse gas (GHG) mitigation including – validation and registration of projects eligible for carbon credits, verification of the projects in compliance with the guidelines followed by International Carbon Credit Mechanisms and finally monetization of the carbon credits.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. said, “This second contract that we have won from ISDCL is a testament for our commendable trajectory of consistently delivering state-of-the-art climate solutions. We are really excited and would like to thank the Govt. for trusting us yet again as their preferred partner. This win has enhanced our leadership as a climate change expert both Nationally as well as globally. All of us at team EKIESL are geared up continue offering our strategic solutions for mitigation and emission reduction”.
Mr Sunil Dubey, Executive Engineer, Indore Smart City Development Ltd.(ISCDL) said “We have a strong ongoing relationship with EKI Energy Services Ltd. since the last three years. Their strong performance and phenomenal service offerings have enabled us to fast-track our green initiatives and also monetize them for additional funds to support other projects. We are happy to extend our partnership with EKIESL as our climate finance enablers and together work towards the common goal of making the environment safer”.
EKIESL offers ISCDL an extensive bouquet of strategic technologies and solutions for monetization of its numerous green initiatives including – Compost formation, Biomethanation, Energy Efficient Lighting, Sewage Treatment Plant, Retrofitting fossil fuel driven Buses to run on CNG, Electric Vehicles and Charging Stations, Forestation activities, Bio-remediation of legacy waste, decentralized composting initiatives etc. EKIESL can easily replicate these technology interventions for other municipal corporations and companies enabling them to reduce their carbon footprint and also generate an additional revenue source.
Under its ongoing contract, EKIESL enabled ISCDL to realize additional revenues of up to Rs. 8.34 crores in the current financial year. EKIESL also enabled ISCDL to become the only Municipal Corporation in India and Asia to generate carbon finance through its sustainable initiatives. EKIESL’s advisory services for climate solution adoptions also significantly contributed in ISCDL’s initiatives to establish the city as India’s cleanest city for the fifth year in a row under the rankings by Swachh Survekshan 2021.
The company has also helped ISCDL to register its project under VCS (Verified Carbon Standard, USA) making it the first Asian Municipal body to have its sustainable projects registered under VCS.
With an aim to build a sustainable planet, EKIESL offers a comprehensive bouquet of end-to-end solutions for climate actions, enabling companies to achieve their climate goals. The company recently expanded its global footprint with an establishment in Dubai. EKIESL recently also entered into a partnership with Shell Overseas Investments B.V. (a unit of Royal Dutch Shell plc) to launch a joint venture to work on reducing carbon emissions in India through Nature based solutions.
The company recently also announced the incorporation of a new associate – GHG Reduction Technologies Pvt. Limited. for the backward integration of carbon credit supply through its Green Cooking initiative. The new company will oversee the end-to-end management of carbon credit supply chain in a phased manner.
January 7 , 2022, India: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits (environmental commodity) in the World, today announced the incorporation of a new associate –GHG Mitigation Technologies Pvt. Ltd. The new company will oversee end-to-end management of the carbon offset supply chain in a phased manner.
EKI Energy Services Ltd.(EKIESL) incorporates new venture –GHG Mitigation Technologies Pvt. Ltd., for the backward integration of carbon credit supply through its Green Cooking initiative
January 7 , 2022, India: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits (environmental commodity) in the World, today announced the incorporation of a new associate –GHG Mitigation Technologies Pvt. Ltd. The new company will oversee end-to-end management of the carbon offset supply chain in a phased manner.
GHG Mitigation Technologies Pvt. Ltd. will manage the backward integration of carbon credit supply chain through EKIESL’s community development project – Green Cooking initiative that replaces traditional inefficient mud stoves with improved cook stoves across rural households globally. In the first phase, it will manage the manufacturing and distribution of improved cook stoves. Over the subsequent phases, the associate will oversee & manage the generation and supply of carbon credits to companies across the world in close consultation with EKIESL.
This will enable EKIESL to achieve newer heights as a leader in the carbon markets which offers a diversified and comprehensive bouquet of end-to-end solutions for climate action and carbon offset.
Mr. Manish Dabkara, CMD & CEO, EKI Energy Services Ltd. said, “As a brand, we are consistently innovating to develop sustainable solutions to mitigate carbon emissions on the planet. The new company is a strategic step in this direction that will enable us to holistically manage the backward integration of carbon credits. We plan to first generate credits through the cook stoves and then supply it to companies globally to achieve their climate ambitions. With the strategic management of the carbon credit supply chain, we will now be able to further enhance our leadership position in the global carbon markets”.
The new group company will be co-owned by EKIESL with a 49.5% stake and remaining held by corporate/individual investors. It will beregistered with Indore (MP ROC) and will have its manufacturing unit in Nashik, Maharashtra.
Introduced in 2018, EKIESL’s Green Cooking initiative is a sustainable community development program that provides efficient cook stoves free of cost to economically weaker families in remote locations across the globe. Efficient cook stoves are not only environmentally safer given itsreduced emission of greenhouse gases, but they also offer numerous social and economic benefits that align with multiple UN Sustainable Development Goals (SDGs) including – climate action, reduction in firewood consumption, forest and biodiversity conservation, good health & well being, employment creation, savings in health cost, enhancement of indoor air quality inside homes amongst others.
EKIESL has given out over 80,000 cook stoves as on date and plans to scale the initiative to 2.5 million cook stoves in the next six months which can help offset millions of metric tons of carbon footprint.
Since its inception in 2008, EKIESL has been working towards building a sustainable planet and offers comprehensive bouquet of end-to-end solutions for climate actions,enabling companies to achieve their climate goals. The company recently joined hands with Shell Overseas Investments BV (a unit of Royal Dutch Shell plc) to launch a joint venture to work on reducing carbon emissions in India through Nature based solutions.
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January 7 , 2022, India: EKI Energy Services Ltd. (EKIESL), a leading developer and supplier of carbon credits (environmental commodity) in the World, today announced the incorporation of a new associate –GHG Mitigation Technologies Pvt. Ltd. The new company will oversee end-to-end management of the carbon offset supply chain in a phased manner.
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Fires, floods, and earthquakes continue to ravage the world, and climate watchers cry hoarse, urging us to heed the nature around us. But the Indian Prime Minister Narendra Modi has proudly announced that India is on track to meeting its promise to stick to the Paris Agreement. He has said that the country will achieve its climate goals well before 2030. This means that India should completely switch over to renewable energy, energy efficiency, generating energy from waste, in the next…. Read More
EKI Energy Services Limited (EKI Energy) on Friday reported a four-fold jump in its net profit at Rs 18.70 crore during 2020-21, mainly on the back of higher revenues. EKI Energy, had reported a net profit of Rs 4.51 crore during 2019-20, a company statement said. Amid the ever increasing global awareness of the impact of carbon emissions coupled with initiatives to reduce all greenhouse gas emissions, the company reported robust…Read more
Kaustubh Kulkarni, General Manager, EnKing International received the award and expressed his gratitude for the award. “We will surely work harder to achieve better. Right now, we cover 90 per cent of the Indian carbon Market and 30 per cent of Global Carbon Renewable energy Carbon Markets. We understand that most of the carbon credit has been generated from renewable energy. Apart from this, they are also ..Read more
Indore-based Enking International may become the world’s first company that operates in the carbon markets space to go in for an initial public offering (IPO). Managing Director and CEO, Manish Dabkara, told Business Line today that it would file for the IPO in a few days…Read more
Indore-based Enking International may become the world’s first company that operates in the carbon markets space to go in for an initial public offering (IPO). Managing Director and CEO, Manish Dabkara, told Business Line today that it would file for the IPO in a few days…Read more
INDORE, India, Nov. 4, 2020 /PRNewswire/ — With changing times, the market trends of all sectors are changing. Recent surveys reveal a new shift of market trends towards energy efficiency and it has became a new normal with thrust provided by the government awareness programmes, schemes and rating mechanisms. One such rating is ESCO (Energy Services Company) rating provided by Bureau of Energy Efficiency, Ministry of Power, Government of India…Read more
INDORE, India, March 21, 2020 /PRNewswire/ — EnKing International is one of the 15 winners in the auction who paid $0.30 for the right to sell a carbon credit to the PAF at a good price. The World Bank Group auctioned $8.25 million of climate funds on March 3rd, 2020, and this could lead to a reduction of the equivalent of 4.2 million tons of carbon dioxide emissions by the end of 2020. Twenty-one companies took part in a pilot online auction for the right to sell carbon credits….Read more
INDORE, India, Dec. 6, 2019 /PRNewswire/ — EKI Energy Services Limited, which was awarded the tender for sustainable city projects in the Smart City Indore initiative, has proven itself as a promising service provider with its experience and expertise. Smart City Indore is an initiative launched by Indore Municipal Corporation, which includes the participation of residents to qualify Indore to the Smart City Mission, launched by the Government of India….Read more
Indore, Madhya Pradesh, India:
CDP runs the global environmental disclosure system, each year it supports thousands of companies, cities, states and regions to measure and manage their risks and opportunities on climate change, deforestation and water security. CDP provides a platform to above-mentioned entities to disclose their project details and associated climate risks….Read more
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