SRINAGAR, OCTOBER 3: The Cabinet chaired by Chief Minister, Mehbooba
Mufti today accorded sanction to the implementation of Energy Efficient LED
Street Lights project in Srinagar Municipal Corporation and Jammu Municipal
Corporation through M/s Energy Efficiency Services Limited (EESL), a joint
Venture Company setup by the Ministry of Power, Government of India, subject to
obtaining all necessary clearance and approval from Competent Authority.
The
Cabinet accorded sanction to the signing of tripartite Memorandum of
Understanding (MoU) between the Housing & Urban Development Department
(H&UDD), Power Development Department (PDD) and M/s Energy Efficiency
Services Limited (EESL) for implementation of LED Street Light project in
Srinagar Municipal Corporation and Jammu Municipal Corporation.
The MoU
shall be signed after satisfying the financial viability, ensuring the
reasonability of rates and fulfilment of all codal formalities.

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