The government on Monday said it will reopen the application window for the PLI scheme for white goods, including ACs and LED lights, for 90 days from July 15. The industry has an appetite to invest more under the production linked incentive (PLI) scheme, the commerce and industry ministry said. The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window. In order to avoid any discrimination, both new applicants as well as existing beneficiaries of the scheme who propose to invest more by way of switching over to higher target segment, would be eligible to apply. So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme. Under the guidelines of the scheme, applicants shall only be eligible for incentives for the remainder of the scheme's tenure. "The applicant approved in the proposed third round would be eligible for PLI for maxim
In the wake of Russian attacks on Ukraine's fragile energy infrastructure, President Volodymyr Zelensky has called for 50 million LED lightbulbs which would save around one gigawatt of power
The Cabinet approved the PLI scheme for manufacturing components and sub-assemblies of air conditioners (ACs) and LED lights in April 2021 to bring manufacturing at the centre stage
The state-run Energy Efficiency Services Ltd (EESL) is targeting to install an additional 1.6 crore 'smart LED' streetlights across the nation by 2024.
Both Syska and CESL will share half the cost and the revenue arising from the sale of carbon credits
While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore
With products less discretionary and seasonal in nature, company's growth could see faster recovery, say analysts
Smart lighting is about to revolutionise the way we think of the humble bulb
This may impact the connected lighting solutions and professional lighting segment more as it has larger share of imported components
The total LED market in India is worth Rs 11,400 crore
Delhi leads the all-India list with the highest number of BIS violations
A Nov 2013 pilot project in Puducherry led to the distribution of 6.5 lakh LED bulbs
Congress said EESL is purchasing LED bulbs in violation of SC and Vigilance Commission guidelines
EESL is implementing this programme across the country under UJALA scheme, price varies from state to state based on incentives offered by states
Rs 50 is ex-factory price, excluding excise, transportation and distribution costs
State is also contemplating to replacenearly 16 lakh old pump sets in the coming five years which will save 3,000 million units every year
South Delhi Municipal Corporation has already replaced around 1.5 lakhs conventional lights with LED lights
The bulb has a life expectancy of 25,000 hrs and the bulb cost is recovered in less than a year.
The sceheme has been adopted by over 2.3 crore people across 11 states in the country