PROJECT

Projects

Summary of Investment Information

Project Number

32593

Company Name

ECOLIBRIUM ENERGY PRIVATE LIMITED

Date SPI Disclosed

Sep 14, 2012

Country

India

Region

South Asia

Projected Board Date

Oct 15, 2012

Environmental Category

C - No Impact

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - INF Asia & Pac

Industry

Infrastructure

Previous Events

Approved : Nov 26, 2012
Signed : Dec 18, 2012
Invested : Apr 17, 2013

Sector

Energy Efficiency

Project Description

Ecolibrium Energy Pvt. Ltd. (“Ecolibrium” or the “Company”) is an early stage company providing a technology platform to monitor and control electricity usage for commercial and industrial customers, thereby achieving energy efficiency, with plans to extend to power grid infrastructure management and renewable project energy monitoring. The Company is incubated by a leading Indian business school, Indian Institute of Management, Ahmedabad’s business incubator Center for Innovation, Incubation & Entrepreneurship (“CIIE”) under Renewable Energy Research, an endeavor by CIIE and Ministry of New and Renewable Energy, Government of India (“MNRE”). The Company began operations in August 2010 and currently has 15 employees.

The Company is looking to raise equity capital to expand its presence in the energy efficiency space by strengthening its product capabilities and reaching out to a larger customer base.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation