Dec 16 2016 | India Opportunities

UJALA LED Scheme results in savings for all

Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while speaking at a function held recently to celebrate the 26th National Energy Conservation Day 2016 organized by the Bureau of Energy Efficiency (BEE) informed about the progress of the UJALA LED scheme. He said that according to the latest figures available from UJALA dashboard, over 18.38 crore LED bulbs have been distributed by EESL and another 25 crore by private sector companies. This drive has resulted into 88% reduction in LED prices over 20 month period. This has ultimately led to an annual saving of around Rs. 10,000 crore for the consumers. Gujarat has become the first state in the country to replace all streetlights with LED bulbs and this has been achieved with zero investment by the State in the scheme as the financial savings are so huge.