Press Information Bureau, Government of India : LED Bulb's Price Drop by a Massive Margin of 88 Percent

The procurement price of LED Bulbs is reduced from Rs 310 per unit in February 2014 to Rs 38 per unit in August 2016 due to the aggregation of demand and bulk procurement. This amounts to reduction of about 88% in procurement prices. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in a written reply to a question in Lok Sabha today.

Highlighting the achievement of Energy Efficiency programme, Shri Goyal informed that 17.89 crore bulbs have been distributed by Energy Efficiency Services Limited ( EESL)  under Domestic Efficient Lighting Programme (DELP) and 14.45 lakh street lights have been replaced by LED bulbs under Street Light National Programme (SLNP) as on 21st November 2016.

Progress of Implementation of National LED Programme as on 21.11.2016 is given below :-

Parameters

DELP

SLNP

Total number of bulbs/street lights replaced

17.89 crores

14.45 lakhs

Avoided capacity generation

4649 MW

47.69 MW

Energy saved

23.2 billion kWh/year

512959 kWh/day

Reduction in carbon foot print

18.8 million tonnes CO2 / year

435 tonnes CO2  /day

 

The Minister further stated that Prime Minister Shri Narendra Modi launched the National LED programme on 5th January, 2015. The programme is being implemented by Energy Efficiency Services Limited (EESL), a joint venture company of Public Sector Undertakings (PSUs) under the Ministry of Power. Two initiatives, viz., Domestic Efficient Lighting Programme (DELP) and Street Light National Programme (SLNP), have been initiated under this programme, wherein household lighting and street lights respectively are replaced with LEDs. EESL has developed an innovative business model in which the entire investment in these programmes is made by it and the investment is paid back over a time from energy savings. This obviates a need for any Government funding for this programme.

 

Source : http://pib.nic.in/newsite/PrintRelease.aspx?relid=154255

SMART GRID Bulletin September 2017


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