Recently, the Indian Ministry of Energy has developed a business plan to improve energy efficiency by providing LED lighting solutions at reasonable prices. This business model was developed jointly by the Indian Energy Efficiency Agency, Energy Saving Services Ltd. (EESL) and distribution companies. Under this business model, EESL purchases LED bulbs in bulk and sells them to the masses at a low price of 10 rupees (equivalent to RMB 1.004), while the price of the same products in the market may reach 400 rupees (equivalent to about RMB 40.17). . A statement from the Electricity Authority wrote. In addition, the distribution company will use the saved electricity costs to pay EESL in phases over the next five to eight years. EESL is made by NTPC (India's largest coal-fired power company), PFC (Indian Power Finance Corporation), REC (India) The rural power company) was established as a joint venture with the power grid, and its mission is to promote the implementation of energy-saving projects through market mechanisms. The statement also stated that EESL has completed a large number of renovation projects for the Puducherry family to replace existing street lights with energy-saving LED street lights and 750,000 LED bulb replacement projects. After EESL signed a memorandum of cooperation with the Andhra Pradesh government, EESL purchased 2 million LED lights last week. The lowest price quoted in the tender is 204 rupees per ticket. Andhra Pradesh Chief Executive Chandrababu Naidu released a demand-side energy-saving lighting program (DELP) for the state on Thursday to promote the replacement of incandescent lamps with LED lights. The DELP program will cover 3.7 million households, each of which will be able to purchase 2 high quality LED lights at a subsidized price of 10 rupees each. The project starts in Gantt and will then extend to areas such as Anandapur, West Godavari and Sri Kakuram. The Indian Ministry of Energy has also decided that in the RGGVY program to advance the electrification process, all households below the poverty line will have access to LED products and technologies.
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