SME Times is powered by   
Search News
Just in:   • NITI Aayog unveils roadmap on AI to empower 490 million informal workers  • New French PM expected to be appointed within next 48 hours: Lecornu  • Guterres welcomes Gaza deal, sees opportunity for two-state solution   • PM Modi welcomes Israel-Hamas pact on 1st phase of Prez Trump's peace plan  • Leader capable of filling gaps: Colombian envoy on PM Modi 
Last updated: 25 Jan, 2016  

LED.thumb.jpg LED bulb price falls 10 percent more to Rs.64

LED.jpg
   Top Stories
» PM Modi meets Keir Starmer in Mumbai for strengthening India-UK ties
» Piyush Goyal, Keir Starmer discuss ways to deepen trade and economic partnership
» PM Modi inaugurates Phase 1 of Navi Mumbai International Airport
» Gold prices hit historic highs globally, Indian rates touch Rs 1.22 lakh on MCX
» Institutional investments in India's real estate hit $4.3 billion in Jan-Sep
SME Times News Bureau | 25 Jan, 2016
The procurement price of light emitting diode (LED) bulbs has fallen further to Rs.64.41 from Rs.73 per unit, the government said on Sunday.

"Government of India, through its flagship initiative Domestic Efficient Lighting Programme (DELP), has achieved a further 10 percent reduction in prices of 9W LED bulbs in another round of LED procurement for Madhya Pradesh," a union power ministry statement here said.

"The procurement price has come down to Rs.64.41 (exclusive of taxes) from existing Rs.73, while the efficiency of 9W bulbs has increased by 20 percent," it said.

"In the recent round of procurement of 9W LED bulbs for Madhya Pradesh, the price has come down to Rs.64.41 which is exclusive of taxes. This is a 10 percent reduction from June 2015 price of Rs.73 and about 80 percent reduction from February 2014 price of Rs.310," it added.

The state-run Energy Efficiency Services Ltd. (EESL) has through a combination of aggregation and transparent procurement, achieved a rapid decline in LED prices making it affordable to the common man, it said.

"This has resulted in significant reduction in transaction cost and time and enhanced process efficiency. This, in turn, has led to a much larger participation of bidders thereby increasing competition and reducing the cost of LED bulbs," it added.

Earlier this week, the government announced that EESL had completed distributing five crore LED bulbs under DELP.

According to EESL, it will be able to distribute seven crore LED bulbs by the end of February, and between nine-ten crore by March 2016.

"Power bills have reduced by Rs.2,500 crore through the distributed bulbs, savings will go up to Rs.45,000 crore annually," Power Minister Piyush Goyal said in a tweet.

"Almost 15,000 tonnes of carbon dioxide is not being emitted daily due to five crore LED bulbs," he said.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter