Srinagar: The Cabinet chaired by Chief Minister, Mehbooba Mufti Tuesday 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.
