Kalycito is an ESCO now! (Oct 2012)
31 October 2012 – Kalycito is happy to share the news that we have been empanelled into the list of ESCOs (Energy Service Companies) maintained by Bureau of Energy Efficiency – a statutory body under Ministry of Power, Government of India. Apart from enabling the ESCO to get empaneled with BEE, the grading also helps the ESCO to enhance its market credibility, market position as well as bid for energy savings projects in the central, state government and municipal sector.
ESCOs are entities engaged in performance based contract with a client firm to implement measures which reduce energy consumption and costs in a technically and financially viable manner. ESCOs are required to be empaneled with Bureau of Energy Efficiency(BEE) to be part of BEE’s efforts to promote energy conservation measures as well as bid for energy savings projects in the central, state government and municipal sector.