Delhi BJP president and Member of Parliament Manoj Tiwari inaugurated the project in the presence of Mayor and area councillor Preety Agarwal here.
Tiwari said the project would not only save Rs 50 crore annually on part of the North Delhi Municipal Corporation (NDMC) but also make the street lights energy efficient.
He said this saving would help NDMC spend it on other development works.
The entire conventional lighting system, semi half-mast lights and lights in parks of North Delhi will be replaced with LEDs.
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Remaining 90,000 will be in the City, Civil Lines, Sadar Paharganj and Karol Bagh zones, the NDMC said.
Besides energy saving, recurring maintenance charges of around Rs 24 crore being paid to discoms, Rs 7 crore for the maintenance of semi high mast lights and Rs 3 crore for their replacement fittings annually, would be saved as the concessionaire will take care of it, it said.
Also, the LEDs will be fitted with sensors so that they go on and off automatically as per requirements.
The entire LED lighting system will be watched through a central control and monitoring centre so that timely repairs and replacements could be done.