Feb 10, 2017: Under the Indian government’s energy efficiency programme, 210 million LED bulbs have been distributed in the country which resulted in saving of Rs 110 billion for the consumers, Prime Minister Narendra Modi said in the Lok Sabha.
Replying to a debate on Motion of Thanks to President’s Address, Modi said his government had reduced the prices of LED bulbs, which were priced at Rs 350 earlier, to ensure that LED bulbs become affordability.
Government-run Energy Efficiency Services Limited (EESL), which is implementing the UJALA scheme for distributing LED bulbs to the consumers, has cut down the procurement price of these LED bulbs to Rs 38 per unit.
“Had we given Rs 110 billion of subsidy, it would have captured the headlines,” Modi said as he listed the initiatives taken by the government to promote energy efficiency.
As many as 207 million LED bulbs have been distributed so far which have the potential to save Rs 107.56 billion every year.
The UJALA website states that this 207 million LED bulbs can reduce 21.7 million tonnes of carbon dioxide emissions every year and 26.89 billion units of electricity per annum.
Under Domestic Efficiency Lighting Programme, the Indian government wants to replace all the 770 million incandescent bulbs sold in India with LED bulbs. This will result in the reduction of 20,000 MW load, energy savings of 105 billion KWh and Green House Gas (GHG) emissions savings of 80 million tonnes every year. The annual saving in electricity bills will be Rs 400 billion, considering an average tariff of Rs 4 per kWh.