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Soon you can buy LED bulbs, ceiling fans at petrol bunks

M Ramesh Beijing | Updated on January 09, 2018 Published on June 08, 2017

Saurabh Kumar, Managing Director, EESL

EESL inks pact with oil marketing companies to sell energy-efficient products



Public sector Energy Efficiency Services Ltd (EESL) will soon enter into a memoranda of understanding with oil marketing companies, under which the firms will sell energy-efficient LED lamps, tubelights and ceiling fans at petrol bunks, EESL’s Managing Director, Saurabh Kumar, said here on Thursday.

Speaking to BusinessLine on the sidelines of the 8th Clean Energy Ministerial, a policy-cum-technical conference of clean energy ministers from 25 countries, including India, Kumar said that EESL has a similar MoU with India Post and the products can be bought at post offices also.

The postal department has a “phenomenal reach” and post offices are present even in the remotest of villages, Kumar observed. He said agreements have been signed with public sector companies NTPC, PGCIL (which are shareholders of EESL), NHPC and ONGC, under which EESL will replace all the existing lights in the various buildings of these companies with energy-efficient LEDs.

EESL’s business model is to invest in energy-efficient equipment at its cost and recover its cost plus profit from out of the savings in energy bills of its customers.

Under its ‘engagement with large corporates’, EESL will also tie-up with Mahindra & Mahindra to replace lights as well as motors, Kumar said.

The demand for new lights in the four public sector companies would be between 5 and 10 lakh bulbs, he said.

According to information provided by EESL, the company has replaced 24 crore bulbs with LED since the programme began in January 2015, resulting in an annual energy saving worth ₹12,500 crore, so far. On the heels of the lighting programme, (christened Uajala scheme), EESL has taken up ceiling fans and will soon bring in air-conditioners.

EESL’s efforts have come in for praise. Fatih Birol, Executive Director of International Energy Agency, told a team of Indian journalists here on Thursday that India’s energy-efficient lighting programme is the most successful in the world and many countries, for example, Indonesia, are trying to learn from it.

(The writer is in Beijing at the invitation of China Dialogue, an independent, non-profit organisation dedicated to promoting a common understanding of China’s urgent environmental challenges.)

Published on June 08, 2017
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