By BizLED Bureau
Sep 9, 2016: With the aim to achieve energy efficiency and cost efficiency, the Pune Municipal Corporation (PMC) will replace around 70,000 high pressure sodium vapour streetlights with LED lightings across Pune. A private company will replace the traditional streetlights with LED lamps.
Reduced cost, better technology
With the replacement project, PMC aims to slash power costs, and it is willing to adopt better technology. The LED streetlight replacement process is underway and, almost 40% streetlight. Pune have already been replaced with LED lamps, according to a PMC official. Pune has around 1, 20,000 streetlights, out of which 50,000 have been converted to LED lamps at a cost of Rs 500 million, according to the data. Another Rs 900 million will be spent to replace 70,000 streetlights. With the replacement, the civic body hopes to save Rs 140 million per year. At present, PMC spends around Rs 400 million on streetlights.
Currently, the civic body is looking for a suitable agency, which can invest in the LED scheme and maintain the streetlights for 12 years. PMC will not pay directly to the agency. It will generate income from reduction on power expenses. Part of the money saved after replacing the streetlights with LED lamps will be given to the agency, the PMC official added.