EKI Energy Services Ltd. (EKI) on boarded by Varanasi Smart City as its climate partner – EQ Mag Pro

• With this, EKI will enable Varanasi Smart City to monetize its green projects for high quality Green House Gas (GHG) Abatement Carbon Credits

• EKI will offer its expert consultancy services for the end-to-end management of all the climate projects of Varanasi Smart City including Renewable Energy (RE) projects, Energy Efficiency (EE) projects, Waste Management projects and other technology projects

• EKI continues to be the most preferred climate partner for Smart City solutions; this is the seventh Smart City project to be entrusted to EKI after smart city projects of cities including – Indore, Ujjain, Vishakapatnam, Tirupati, Surat & Bhubaneshwar

Indore : 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

About EKI Energy Services Limited

EKI Energy Services Ltd. is a leading Carbon Credit Developer & Supplier across the globe. Founded in 2008, the Bombay Stock Exchange (BSE) listed company has been passionately working towards rehabilitating the planet to a future of net-zero carbon emissions. EKI offers sustainable solutions for climate change and carbon offsets with global standards like CDM, VCS, Gold Standard, GCC, IREC, TIGR and others. With an aim to contribute to the development of a climate resilient global economy, the company offers strategic solutions to businesses and organizations globally to achieve their climate ambition. The company is today present in 16+ countries and has 3000+ clients across 40+ countries worldwide. As on date, EKI has supplied over 180+ million offsets.