Indian Government to Sell $6 LED Lamp for $0.16 to Boost Demand-Side Energy Efficiency

The Indian ministry of power has initiated measures to make the promise of Prime Minister Modi to provide electricity supply and lamps to all households in the country by the end of the decade.  The latest measure is aimed at households and energy efficiency.

The government plans to offer subsidised LED lamps to households in an attempt to reduce power demand and improve energy efficiency on the demand side. An Energy Efficiency Services company will procure such lamps in bulk and sell them at subsidized rates to consumers.  The program will start from the southern state of Andhra Pradesh.

The government of Andhra Pradesh has signed an agreement with Energy Efficiency Services Limited (EESL), a joint venture company between four public sector companies. The state government had organised a tender bidding for companies to provide LED lamps at the lowest cost.  The lowest price quoted for a single lamp was ₹204 ($3.30) while the market price is close to ₹400 ($6.50).  The EESL will procure these lamps and sell them at ₹10 ($0.16).  Each eligible household will be offered two LED lamps.

Read More in Indian Government to Sell $6 LED Lamp for $0.16 to Boost Demand-Side Energy Efficiency