The prices of LED bulbs under UJALA programme of the Centre have been further reduced and 9W LED bulb is now available for just Rs 65 each, a spokesman of Energy Efficiency Services Limited (EESL), under Union Ministry of Power, said.
The EESL is implementing this programme across the country under UJALA scheme, and the price varies from state to state based on incentives offered by the states.
The government has ensured transparency and encouraged competition by adopting e-procurement of goods and services. This has resulted in significant reduction in transaction cost and time and further enhanced process efficiency.
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This, in turn, has led to a much larger participation of bidders thereby increasing competition and reducing the procurement cost of LED bulbs.
The UJALA scheme was launched by Prime Minister Narendra Modi on January 5, 2015 with a target of replacing 77 crore inefficient bulbs with Energy Efficient LED Bulbs.
Currently, EESL has distributed over 18 crore LED bulbs across 22 states resulting in annual energy savings of 23 billion kWh and resulting in avoidance of 4,698 MW of peak demand. Through the scheme, the estimated cumulative cost reduction in bills of consumers, annually is worked out at Rs 9,387 crores.