March 6, 2015: Crompton has won three prestigious orders from Energy Efficiency Services Ltd. (EESL), a joint venture set up by the Power Ministry, for the implementation of energy efficiency projects in the country. Crompton qualified for all three orders for energy efficient LED lamps from EESL, as per their technical and commercial requirements.
Crompton will supply close to 4 million LED lamps to EESL for its different projects, the first of which was launched in Andhra Pradesh to distribute 7W LED lamps to consumers at an affordable price, followed by the project in Delhi. The move is part of the government’s plan to boost energy efficiency through widespread use of LED technology-based lighting solutions in the country. This initiative will help to promote extensive use of LEDs as an energy efficient option, leading to high savings on energy bills for the end consumer. This will also help the Government to offset the power deficit in the country through energy conservation.
LEDs are emerging as the energy-efficient source of lighting as they use one-tenth of the energy compared to a normal incandescent bulb and half that of a Compact Fluorescent Lamp (CFL) for the same amount of light. Crompton also offers a range of LED fixtures with unique features and functionalities that are environment friendly with negligible maintenance and a long life of over 50,000 burning hours. Crompton?s LED lamps and Luminaires offer 50-60% advantage in energy savings and better value for money.
The LED market has grown by 35-40% in India. With Government?s focussed initiatives in driving energy efficient practices, the LED market will get a new impetus. Projects such as these reinforce Crompton?s position in providing LED solutions through indigenous technology and competitive pricing. As the domestic demand increases, mass scale localised production has enabled Crompton to achieve cost competitiveness.
Commenting on this win, Avantha Group Company CG?s CEO and Managing Director, Laurent Demortier, said: ?We are honoured to receive this opportunity from the Power Ministry to partner with EESL and look forward to working with them in driving energy conservation and efficiency in the country. Our strategy to localise the production and increasing the scale of manufacturing has been the key lever for our success in this highly competitive market. We see ourselves as an active participant in the ?Make in India? drive that will foster innovation and new manufacturing processes. We envisage further localisation of critical manufacturing in India?.
Source: Crompton Greaves Ltd
Photo caption: Laurent Demortier, CEO and Managing Director, CG
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