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 9,000 square feet.
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 4,000 kg 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.
