Convergence Energy Services Limited (CESL) and World Resources Institute, India (WRI India) have come together to sign a Memorandum of Understanding (MoU) to work on strategising India’s transition towards a net-zero emission trajectory.
This partnership aims to build synergies and support building a ‘Thought Leadership Unit’ at CESL, where WRI India will provide analytical and evidence-based advocacy to accelerate the energy transition, particularly in electric mobility.
WRI India will support CESL in building adaptative business models to help state governments realise their targets, states the MoU. This would include decentralising renewable energy and improving battery storage capacities.
The partnership will foster and catalyse business models in line with India’s global and domestic commitments to reduce carbon emissions, particularly from the transport sector, said a release issued by CESL.
Mahua Acharya, MD and CEO, CESL expressed great happiness over the development. “We are thrilled to be partnering with WRI on this important work, honoured to have the benefit of their depth and credibility, and excited at the prospect of building a fruitful relationship in pursuit of goals we both care so deeply about,” she said.
Pawan Mulukutla, Director, Electric Mobility Program, WRI India said the organisation will use its experience in working with several local and regional governments to provide technical expertise to ensure that central and state e-bus policies and subsidies translate to more buses deployed on the road.