India Offers Citizens Cheaper Price for LEDs
India’s Power Ministry launched its business model which will allow LED bulbs to be sold for Rs 10 compared to the Rs 400 market price. This is to help promote the switch to LEDs for the country to save on power.
The Power Ministry has launched a business model enabling the sale of LED bulbs to households at Rs 10 against the market price of Rs 400. This decision is driven by the fact that LEDs use one-tenth of the energy of a normal incandescent bulb and half as much energy as a Compact Fluorescent Lamp (CFL) to produce the same amount of light. “The Bureau of Energy Efficiency (BEE) together with the Energy Efficiency Services Limited (EESL), which is a joint venture of four central public sector undertakings in the power sector, have worked with electricity distribution companies (discoms) to develop a business model under which EESL procures LED bulbs in bulk and sells them to households at Rs 10,” an official release said. To start with, the Centre has chosen Guntur district in Andhra Pradesh for implementing the project. During the first phase of the district, over 20 lakh LED bulbs would be given away to consumers at a price of Rs 10 each.
The whole story in Niti Central.