DCM Shriram Sells DESCO To Violia Energy Group - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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DCM Shriram Consolidated Ltd. (DSCL) has announced the sale of its entire equity stake in its subsidiary, DESCO, to M/s Dalkia India Pvt. Ltd, the Indian arm of the France based Violia energy group, the world’s largest provider of environmental services.

It was an all cash deal at an overall business valuation of Rs 10.64 crores. DESCO is engaged in the business of providing consulting service in the area of energy management, energy efficiency and renewable energy projects with focus on reducing the energy costs and deriving of consequent energy benefits in various sector.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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