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Historic low LED bulb prices may distort market

UJALA scheme faces resistance from domestic makers

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Led Bulb

Shreya Jai  |  New Delhi 

A tender issued by Energy Efficiency Services Limited (EESL) for procuring 50 million LED bulbs has found no takers for a part of the supply by other bidders because they could not match the lowest bid from Philips Lighting India of Rs 38 a bulb. According to EESL’s tender guidelines, once the lowest bid is accepted, the next six bidders are asked to match the price for some of the offered quantity. For the first time, no bidder agreed.

So a tender of 50 million LED bulbs went to Philips. The most convincing theory is that the bulbs are coming from China. But even the cheapest Chinese ...

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First Published: Fri, November 11 2016. 01:55 IST
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