LED Retail Prices come down to Rs. 65 under UJALA Scheme

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New Delhi, Dec 3: Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, in a reply to a question in Lok Sabha on Thursday. Giving the details, the Minister informed that the e-procurement of LED bulbs through a transparent and competitive bidding process has resulted in reduction of approximately 88% in procurement prices of LED bulbs from Rs.310 in February, 2014 to Rs.38 in August 2016, the retail price being reduced from Rs.550 to Rs.65, which is passed on to the consumers. As on 21.11.2016, 17.90 Crore LED bulbs have been distributed to households across the country that resulted in an avoided capacity generation of 4,656 MW and a saving of 23.25 billion KWh per year Shri Goyal further added. Prime Minister of India, Shri Narendra Modi, launched the National LED programme on 5th January, 2015, which is being implemented by EESL, a joint venture company of Public Sector Undertakings (PSUs) under Ministry of Power.

 

The Minister informed about the details of the programme and said that EESL aggregates demand across the country and procures LED bulbs for further distribution to domestic consumers at lower rates compared to retail market. EESL has developed an innovative business model in which the entire investment in these programmes is made by it and is paid back over a time from energy savings. This obviates a need for any government funding for this programme. There is no element of subsidy in the scheme.In a reply to another question, the Minister said that UJALA Scheme covers Urban as well as backward, rural, semi-urban and remote areas. EESL has initiated nationwide implementation of the programme to replace 77 crore incandescent bulbs with LED bulbs by March, 2019. This will result in an estimated avoided capacity generation of 20,000 MW and save 100 billion KWh per year. Shri Goyal also informed that there is no proposal to revamp the funding and execution pattern of ‘LED distribution scheme’. 

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Shri Goyal added that under the National LED programme, the Street Lighting National Programme (SLNP) has also been initiated wherein street lights respectively are replaced with LEDs.

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