By BizLED Bureau
Nov 23, 2015: In order to save on street lighting costs, the government of Goa, India, has decided to replace all bulbs with LED lamps at the cost of about Rs 92o millions. Energy Efficiency Services Limited (EESL) has been entrusted to do the needful in six months.
Chief minister of Goa Laxmikant Parsekar said that the replacement would be completed within 36 weeks from the date of the work order. To change the LED lamps, the state government will implement the street light national programme SLNP, initiated by the Centre. These lamps will replace existing high pressure sodium vapour (HPSV) lamps, CFL and tube lights. Government hopes to save 37 million units of energy per annum and around 190 million per annum in power procurement costs.
The total cost of the project is 920.33 million and the investment cost is planned through EESL without any upfront cost to Goa electricity department (GED). CM said that 20% of the investment would be contributed by EESL and 80% through financial institutions.
GED will pay the EESL for the replacement of the existing street lights with LED lamps, he added.