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After UK, EESL to enter Malaysia with its LED; plans to sell 1 mn lamps

EESL has already distributed over 25 crore of LED bulbs in India through its distribution channels

Press Trust of India  |  New Delhi 

From Rs 90 cr to Rs 700 cr company: How LED bulbs lightened fortunes of EESL

Buoyed by the success of bulb distribution at $1 per unit in India and the UK, the state-owned is getting ready to enter next month with an initial plan to sell 1 million lamps.

Energy Efficiency Services Ltd (EESL) is also seized with plans to sell in the country other energy-efficient appliances such as fans and tubelights — which it distributes in India.

Moreover, it is scouting for business opportunities that will offer energy efficiency solutions in

distributes such bulbs at around Rs 70 per unit under the scheme of the central government and has brought down their prices through bulk procurement without any subsidy.

"The government of Melaka has recently asked to replicate an programme in Melaka, The programme will be launched during the (UEA) Melaka Summit 2017 in Malaysia scheduled on September 7-9, 2017," an official told PTI.

The official said, "The expression of interest is for 1 million bulbs in a phased manner in a lot size of 0.2 million pieces. They are looking at a local model for initial distribution of 1 million bulbs."

A memorandum of understanding (MoU) between (GGA) and EESL will be signed next month on the sidelines of the Melaka summit for implementation of the scheme.

EESL has already distributed over 25 crore of bulbs in India through its distribution channels.

The use of such bulbs has led to annual energy saving of 33 billion kwh, which translates into yearly cost saving of more than Rs 13,200 crore and carbon dioxide reduction of more than 2.68 crore tonnes.

The government has recently broadened the scope of the programme to include energy-efficient appliances like fans and tubelights under its ambit.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sun, August 13 2017. 16:36 IST