Search

MORE NEWS
POWER UTILITY | Cesar Tordesillas, India
Published: 15 Sep 12
355 views


Indian power-savings firm may get IFC funding

The International Finance Corporation may help an Indian power-saving solutions firm named Ecolibrium Energy raise up to US$ 1.5 million.

The Ahmedabad-based, start-up company provides a technology platform to monitor and control electricity usage for commercial and industrial customers, thereby achieving energy efficiency.

It has plans to extend to power grid infrastructure management and renewable project energy monitoring, says IFC.

The Company is looking to raise up to US$ 1.5 million, with IFC contributing to a large part of the capital raise. It intends to utilize the funds to expand its presence in the energy efficiency space by strengthening its product capabilities and reaching out to a larger customer base.
 



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: International Finance Corporation, Indian power-saving solutions, Ecolibrium Energy, project funding

LATEST POWER UTILITY JOBS »
  • No jobs posted on this category.
    PRINT ISSUE »

    Subscribe Now
    China’s hunt for more sustainable energy to sustain demand through 2040

    73 views

    China takes significant steps towards going green by 2015

    42 views

    Metering India smartly

    59 views

    close Don't Show Again

    STAY INFORMED! Get our free weekly newsletter