Crompton Greaves said it has received three orders from Energy Efficiency Services Ltd (EESL) for the supply of four million LED (light emitting diode) lamps.
EESL is a joint venture set up by the Power Ministry, comprising four public sector undertakings, namely, NTPC, PFC, REC, and Power Grid, for the implementation of energy efficiency projects.
Crompton said the first project was launched in Andhra Pradesh to distribute 7W LED lamps to consumers at an affordable price, followed by a project in Delhi.
LEDs are emerging as an energy-efficient source of lighting as they use one-tenth of the energy of a normal incandescent bulb and half that of a CFL (compact fluorescent lamp) for the same amount of light, the company said.
Laurent Demortier, CEO and MD, Crompton Greaves, said, “Our strategy to localise the production and increase the scale of manufacturing has been the key lever for our success in this highly competitive market. We see ourselves as an active participant in the ‘Make in India’ drive that will foster innovation and new manufacturing processes. We envisage further localisation of critical manufacturing in India”.