I read in the news a couple of days ago that the government has already distributed 20 million (2 crore) LED bulbs and is planning to take this number to 770 million bulbs by 2018.
The bulbs cost about Rs 70 each taking the total cost so far to about 140 crores. At the 2 crore mark, the country is already saving some 7.3 million units (KWH) of power every day translating to about Rs. 1000 crore per annum. The peak power demand has dropped by about 700 MW; that is more than half the power generated at the Bhakra Nangal dam.
The bigger effect of this push for 7.3 million LED bulbs is that manufacturers like Philips are seriously considering Make in India.
Good show Mr. Modi.
1 comment:
If I'm not mistaken, the 140cr cost over the 1000cr saving is for the consumer. The distribution scheme sells the LED bulbs for Rs. 70 which on the market cost about Rs. 150-200.
Now, the peak power saved at 700 MW is a tiny fraction (0.25%) of what we generate, about 270,000 MW. So the question really is, does a 700 MW saving in power generation requirement offset a 1000cr revenue loss for the utility company?
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