LED bulbs to save up to Rs. 40,000cr, says Piyush Goyal
Source: The Times of India, Date: , 2015
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.