NEWS

Making a powerful pitch for energy conservation, Union minister for power, coal and new and renewable energy Piyush Goyal said the government's ambitious programme to replace all electric bulbs in Indian households with energy-saving LED bulbs over the next three years is attracting reputed companies from India and abroad as transparent contracts and prompt payments to suppliers has made the initiative more than just a pipe dream.  Goyal said replacing bulbs would lead to savings of upto Rs 40,000 crore which would be money in the hands of consumers. For environmental benefits, this would lead to a reduction in carbon dioxide emissions of about 60 million tonnes every year.

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