India LED bulb requires only 1.0 CNY

In January, India’s prime minister Narendra Modi ? launched an initiative to change India, lit up at night.

The initiative, called on cities, roads and families more use LED, the goal is to replace the traditional, consume more energy lights.

India LED bulb requires only 1.0 CNY

LED lamps less energy than incandescent bulbs is about 80%, and save electricity to ease power shortage in India this year, the deficit fell to 3.6% of the power in the history of India are the lowest. The new plan, the government also hopes to switch before May 2016 100 city lights to LED lamps, Modi government has allocated a budget of $ 378 million for the program.

It is reported that India’s LED lamps per month this year compared to last year, production increased by 30-fold to 30 million units, the government believes that if all the Indian market in the sale of 770 million incandescent light bulbs replaced with LED lights, each year will be reduced by 20,000 MW load, saving 100 billion kWh of electricity and reduce greenhouse gas (GHG) emissions of 80 million tons. Compared with ordinary light bulbs, LED bulbs have a better shelf life 50 times more than compact fluorescent lamps are 8 to 10 times more.

However, LED is also more expensive. To solve this problem, power producers India’s National Thermal Power Company (NTPC) joint venture, Rural Electrification Corporation (Rural Electrification Corp), India’s Power Grid Corporation (Power Grid Corp) and EESL jointly set up a joint venture in India Power Finance Corporation (Power Finance Corporation ), in order to facilitate implementation of energy efficiency projects. By EESL, the government through public bidding LED bulbs, and then distribute them cheaper to consumers. This has led to large-scale LED lighting market prices decline.

As in the past year LED production increases, unit costs also decreased significantly, the price of 7-watt LED lamp is approximately $ 1.5 (100 INR), while a year earlier to $ 9.8.

There are two ways consumers can get bulbs, advances and financing plan shipments. Such as access LED bulbs from domestic efficient lighting plan (DELP) the total cost of between 100 to 105 rubles, if consumers want to buy light bulbs through financing, each LED bulb only pay 10 INR (about 1 CNY), and the remaining 95 rubles will be added to electricity bills, the sub-10 month deducted.