Carbon Is the New Black: A Case of EKI Energy Services Limited

Abstract

The case study titled ‘Carbon is the new black: A case of EKI Energy Services Limited’ showcases the phenomenal growth achieved by a young startup based in Indore promoted by a visionary entrepreneur Mr Manish Kumar Dabkara who had a vision and foresightedness to enter the Carbon Credit Market when no big player in the country was leaping in this field. The case study chronicles how EKI Energy Services Limited created a space for itself and has become a name to reckon within the Carbon Credit Market. The case study emphasizes the Initial Public Offer of EKI Energy Services and how it created a buzz in the stock market when its share price skyrocketed. The study also throws light on the international agreements on Carbon Credit trading mechanisms under the aegis of the United Nations viz. Kyoto Protocol and the Paris Convention. Further, the case study discusses opportunities and challenges, which lie ahead of EKI Energy Services Limited in the Carbon Credit Market.