New Delhi: A day after the Nobel Prize in physics was won by the scientists who invented blue light-emitting diodes (LEDs), the power ministry yesterday launched a business model enabling the sale of LED bulbs to households at `10 against the market price of `400.
“The Bureau of Energy Efficiency (BEE) together with the Energy Efficiency Services Limited (EESL), which is a joint venture of four central public sector undertakings in the power sector, have worked with electricity distribution companies (discoms) to develop a business model under which EESL procures LED bulbs in bulk and sells them to households at `10,” an official release here said. “The discoms then repay EESL, over a period of five to eight years from the savings that accrue due to use of this energy efficient lighting technology,” it added.
Andhra Pradesh Chief Minister N Chandrababu Naidu on October 2 launched the Energy Conservation Mission’s Demand Side Efficient Lighting Programme (DELP) in the state, which promotes replacement of incandescent bulbs with energy-efficient LED bulbs. The DELP is covering 3.7 million households, who will be provided with two high quality LED bulbs each at a subsidised price of `10.
IANS
