The Pearl City of Hyderabad will soon be home to the world’s largest LED street lighting project wherein 4.5 lakh lights will be retrofitted.
Energy Efficiency Services Limited (EESL) has signed a Memorandum of Understanding with Greater Hyderabad Municipal Corporation to retrofit 4.5 lakh street lights under the Centre’s Street Lighting National Project (SLNP).
With this replacement drive, GHMC will surpass South Delhi Municipal Corporation (SDMC), where EESL has retrofitted approximately 2.7 lakh street lights.
The cost of the entire GHMC street lighting project, estimated at approximately ₹270 crore, will be borne by EESL with no upfront cost to GHMC.
The municipal Corporation will pay back EESL for the project cost through deemed savings mode, over a period of 7 years.
Through the replacement, GHMC aims to save approximately 20 crore kWh electricity annually, resulting to a reduction of over 1.60 lakh tonnes of CO2 annually.
Saurabh Kumar, Managing Director, EESL in a statement said, “It is a moment of immense pride for EESL, to collaborate with GHMC to retrofit the city’s 4.5 lakh conventional street lights with LED-based lights, the opportunity to helm the world’s largest Street Lighting Project.”
GHMC has 3.5 lakh street lighting poles, which shall be expanded to over 4.5 lakh by installation of 33 poles per kilometre. GHMC incurs an annual expenditure of ₹210 crore on maintenance and management of the existing conventional street light infrastructure.
Through the retrofitting drive, EESL has assured GHMC of approximately 50 per cent savings in electricity. This shall result in a monetary savings of over ₹1,200 crore to GHMC over the 7-year period.
Prime Minister Narendra Modi has launched 100 cities National Programme on January 5, 2015 to convert 1.34 crore conventional street and domestic lights with energy efficient LED lights, under the Street Lighting National Programme. Nationally, over 26 lakh conventional street lights have been replaced by LED street lights in 22 states of India.
Source Link – The Hindu Business Line
Latest posts by The Hindu Businessline (see all)
- German Firms Eye Indian Railway Projects - April 25, 2018
- ICF Eyes Making Coaches For Metro Rail Systems; Chennai Metro Is ‘First Choice’ - April 25, 2018
- Solar Cell Imports: EU, Japan Question Safeguard Duties Recommended By India - April 25, 2018