Government of India’s National LED programme – Unnat Jyoti by Affordable LEDs for All (UJALA) was launched today in Madhya Pradesh by Chief Minister of Madhya Pradesh Shivraj Singh Chouhan and Union Minister for State (IC) for Power, Coal and Renewable Energy Piyush Goyal, at a function held in Bhopal. The scheme is being implemented by […]
In a move that will see an annual reduction in consumers electricity bills by Rs 5,195 crore, India’s Power, coal and RE Minister Piyush Goyal achieved a major milestone on April 26 as he achieved distribution of over 10 crore LED bulbs across the country. The distribution of LED bulbs is being done under the […]
A major contributor to this subsidy reduction is the government’s “Give It Up” scheme. As on date more than 1 crore LPG customers have given up LPG subsidy under the ‘GiveItUp’ campaign. The approximate annual subsidy saving is likely to be in the range of Rs. 1668 crore (approx.) assuming an average subsidy of Rs. 139 per cylinder. The ‘GiveItUp’ campaign is a continuous process and wide publicity is given for voluntarily surrender of subsidy.
Team EnergyInfraPost With falling crude oil prices boosting the company’s refining and petrochemical margins, India’s largest private sector energy company–Reliance Industries Ltd on April 22nd, 2016 reported its highest quarterly net profit in eight years at Rs 7,398 crores representing a 16% jump in earnings for the three-month period ended March 31. RIL is the operator […]
India to share its energy efficiency success stories with the US. Pricing of LED bulbs in India has been a game change with prices falling by over 83 per cent in one year.” EESL has already completed distribution of 5 crore LED bulbs under its Domestic Efficient Lighting Program.
Affordability, Access & Inclusiveness Driving India’s Energy Policies: India’s Union Minister of State (IC) for Power, Coal and New and Renewable Energy, Piyush Goyal told a gathering of UK investors in London on April 19.
Indian public sector giants are likely to examine rupee denominated debt instruments like Masala Bonds to create and develop a new market and identify benchmark prices for these new instruments. The issuances which would be offered by blue chip government companies are expected to help evolve new vistas of funding for the renewable energy space.
LED Bulbs Procurement Price Drops to at All Time Low of Rs 54.90 for a 9 watt bulb; LED Bulb Price of Rs 54.90 is 83% lower from Rs 310 in 20 months; India’s share in world’s LED market climbs to 12% from 0.1% in 20 months....
Having attained 9 crore LED bulbs distribution by March 31st, Minister Piyush Goyal looks at 77 crore LED bulbs for homes and 3.5 crore LED street lights.