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Government of India to procure 200 million LED bulbs in 2017, order to be placed on India based manufacturers to support ‘Make In India', target price USD 0.65 per unit

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Government of India to procure 200 million LED bulbs in 2017, order to be placed on India based manufacturers to support ‘Make In India', target price USD 0.65 per unit

 

  • India targets to replace 770 million incandescent bulbs
    • For the country, it will mean a reduction of 20,000 MW load, energy savings of 100 billion KWh and Green House Gas (GHG) emissions savings of 80 million tonnes every year
    • While for consumers, it will mean a lower power bill by INR 400 billion (~ USD 5.9 billion)
    • The focus on Make in India will create employment across different states of India
  • A joint venture of NTPC, Power Finance Corporation, Rural Electrification Corporation and POWERGRID - the EESL - was set up under Power Ministry to facilitate implementation of energy efficiency projects
  • As of January 2017, 210 million LED bulbs had been distributed under the ‘UJALA’ scheme (Unnat Jyoti by Affordable LEDs for All)
  • EESL has planned to procure 200 million such LED bulbs through auctions in 2017, the target procurement price is INR 44 per unit (USD 0.65). In 2015 with an order of 50 million LED bulbs, costs had come down to INR 77 (USD 1.13)
  • LED bulbs worth INR 3.85 billion (USD 56 million) were supplied by companies such as Philips, Osram, Bajaj Electricals and Crompton Greaves through the competitive tender route
  • The decline in price of LED chips, a primary component which is imported along with rising production volumes have helped the industry to bid aggressively in the tenders

News Accessed from:

http://economictimes.indiatimes.com/news/economy/policy/government-to-procure-20-crore-led-bulbs-in-fy17/articleshow/51979010.cms

http://businessworld.in/article/Government-s-LED-Programme-To-Support-Make-In-India-/12-03-2017-114273/

http://www.business-standard.com/article/economy-policy/govt-finalises-procurement-of-50-mn-led-bulbs-in-biggest-tender-115061801088_1.html