LED bulb price to 1 yuan? India push new business model

Recently, the India Department of energy has developed a business plan, which aims to improve energy efficiency by providing a reasonable price of LED lighting solutions. This business model is jointly developed by India energy efficiency Bureau, energy saving service Co., Ltd. (EESL) and distribution company.

"In the business model, EESL batch purchase of LED bulb, and 10 rupees (equivalent to RMB 1.004 yuan) price to sell to the public users, and the same price in the market could reach 400 rupees (about 40.17 yuan). "A power bureau statement said.

In addition, the distribution company will be in the next 5 to 8 years with the savings in the cost of electricity to pay EESL.

EESL by NTPC (India's largest coal enterprises), PFC (India Power Finance Corp), REC (India rural power company) and the joint venture network, its mission is to promote the implementation of energy-saving projects in the market mechanism.

The statement also said, EESL has completed a large number of Puducherry families will be replaced by the existing street lamp energy-saving LED street reconstruction project, as well as 750 thousand LED bulb replacement project.

In EESL Ande signed a memorandum of cooperation with the state government, last week EESL purchased 2 million LED lights. The lowest price quoted in the tender is 204 rupees (equivalent to about RMB 22.9 yuan).

Ande labang chief Chandrababu Naidu on Thursday issued a demand for energy-efficient lighting plan of the state "(DELP), to promote the use of LED lamps to replace incandescent lamps. DELP plans to cover 3 million 700 thousand households, each household will be able to subsidize the price of 10 rupees to buy 2 high-quality LED lamps. From the beginning of the project will be extended to the city after Gunter, Anantapur, West Godavari and Silikakulamu area etc..

India's Ministry of energy has also decided to have a chance to use LED products and technologies in the RGGVY program in the process of electrification.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).