EKI Energy

EKI Energy Services Limited (EKI) is a public limited company that works in providing climate change advisory services and is based out of Indore, India. It started operations in 2008 as a proprietorship firm before becoming a closely held public limited company in 2011. On April 7, 2021, EKI Energy shares were listed on the BSE SME Platform.

EKI Energy Services Limited

Company type	Public
Industry	Climate change
Founded	2008
Founder	Manish Dabkara
Headquarters	Indore, India
Number of locations	17
Area served	Worldwide
Services	Sustainability & Net Zero Services Climate Investments Offsetting to achieve Carbon Neutrality Offsets Portfolio Management Services Carbon Markets Capacity Building Advisory
Subsidiaries	Amrut Nature Solutions Pvt. Ltd. GHG Reductions Technologies Pvt. Ltd. Climacool Projects & Edutech Ltd.
Website	https://enkingint.org/

The company develops projects to reduce carbon emissions and mobilise carbon credits for the global market. It is operational in 17 countries. As of now, EKI has mobilized over 200 million offsets.

History

EKI was founded in 2008 as a proprietorship firm called Enking International and later expanded to carbon emissions and their offsetting. It was working with Indian and foreign businesses to register for carbon credits.

Initially, the company generated revenue through consulting fees. However, owing to low market awareness, declining credit prices, and issues with the carbon trading mechanism, the carbon credit market became less appealing to businesses. EKI eventually became a closely held public limited company.

In November 2020, EKI expressed its intention to have an Initial Public Offering (IPO) and in January 2021, it declared its plan to be listed on the Bombay Stock Exchange to expand its business within and outside India.

In January 2022, the company achieved a valuation of $1 billion.