NEW DELHI -- Keen to encourage energy conservation, Prime Minister Narendra Modi's government has launched a "super-efficient" air conditioner targeted at India's urban dwellers.
The state-owned company behind his product is Energy Efficiency Services, a joint venture between four state-run enterprises -- NTPC (formerly National Thermal Power Corp.), Power Finance Corp., REC (previously known as Rural Electrification Corp.) and Power Grid Corp. of India.
