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India to push new business models LED bulb lowest to one RMB

  Recently, the Indian Department of Energy to develop a business plan that intends solution by providing affordable LED lighting to improve energy efficiency. This set of business model jointly developed by India's Bureau of Energy Efficiency, Energy Services Ltd. (EESL) and distribution companies.

"In this business model, EESL bulk purchasing LED bulbs, and 10 rupees (equivalent to 1.004 yuan) cheap sale to public users, while the same product on the market price may reach 400 rupees (equivalent to about 40.17 yuan ). "Power Authority, wrote a statement.

In addition, the cost of electricity distribution companies will be in the next 5-8 years using the savings to pay in stages to EESL.

EESL, PFC (Power Finance Corporation of India), REC (Rural Electrification Corporation of India) and grid joint venture set up by the NTPC (India's largest coal companies), whose mission is to promote market mechanisms to implement energy-saving projects.

The above statement also said, EESL has completed a large number of street lights to replace the existing energy-saving LED street reconstruction project for Puducherry families, and 750,000 LED bulb replacement project.

After EESL with the Andhra Pradesh government signed a memorandum of cooperation, EESL last week purchased two million LED lights. Lowest price obtained in the tender for each 204 rupees (equivalent to about 22.9 yuan).

Andhra Pradesh Chief Executive ChandrababuNaidu on Thursday issued a "demand-side energy-efficient lighting program" (DELP) one for the state to promote the use of LED lamps to replace incandescent lamps. DELP program will cover 3.7 million households, each household will be able to subsidize the price of 10 rupees to buy two high-quality LED lights. From the beginning of the project Gantt city, after extended to Anantapur, West Godavari and other regions.

India's Department of Energy has decided to advance its electrification process RGGVY program, following all of the poverty line families are able to have the opportunity to use LED products and technologies