Crompton LEDs to strengthen power ministry’s energy efficiency projects

- Advertisement -

Crompton_Greaves_LogoMarch 5, 2015: Crompton has won three prestigious orders from Energy Efficiency Services Ltd (EESL), a joint venture set up by the Power Ministry comprising of four public sector undertakings – NTPC, PFC, REC and Power Grid, for the implementation of energy efficiency projects in the country. Crompton was the only player in the entire lighting industry to qualify for all three orders for energy efficient LED lamps from EESL, as per their technical and commercial requirements.

Crompton will supply close to 4 million LED lamps to EESL for its different projects, the first of which was launched in Andhra Pradesh to distribute 7W LED lamps to consumers at an affordable price, followed by the project in Delhi. The move is part of the government’s plan to boost energy efficiency through widespread use of Light Emitting Diode (LED) technology-based lighting solutions in the country. This initiative will help to promote extensive use of LEDs as an energy efficient option, leading to high savings on energy bills for the end consumer. This will also help the Government to offset the power deficit in the country through energy conservation.

LEDs are emerging as the energy-efficient source of lighting as they use one-tenth of the energy compared to a normal incandescent bulb and half that of a Compact Fluorescent Lamp (CFL) for the same amount of light. Crompton also offers a range of LED fixtures with unique features and functionalities that are environment friendly with negligible maintenance and a long life of over 50,000 burning hours. Crompton’s LED lamps and luminaires offer 50-60 per cent advantage in energy savings and better value for money.

- Advertisement -

The domestic LED market has grown by 35-40 per cent in India. With Government’s focussed initiatives in driving energy efficient practices, the LED market will get a new impetus. Projects such as these reinforce Crompton’s position in providing LED solutions through indigenous technology and competitive pricing. As the domestic demand increases, mass scale localised production has enabled Crompton to achieve cost competitiveness.

Commenting on this win, Avantha Group Company CG’s CEO and managing director, Laurent Demortier, said, “We are honoured to receive this opportunity from the Power Ministry to partner with EESL and look forward to working with them in driving energy conservation and efficiency in the country. Our strategy to localise the production and increasing 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”.

- Advertisement -

Most Popular Articles

Exclusive

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Exclusive: Electric Two And Three Wheelers In Focus For AMP 2030

0
It seems that the Indian government is going to focus on electric two— and three-wheelers. Taking these beyond Tier 1 and 2 Indian cities...

Buzz

Ford Investes In Expanding EV Software Capabilities At Chennai Hub

0
Ford Business Solutions India, presently with a staff of 12,000, is poised to expand by an additional 3,000 employees. Ford, recognized for its efforts...
solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Important Sectors

Ford Investes In Expanding EV Software Capabilities At Chennai Hub

0
Ford Business Solutions India, presently with a staff of 12,000, is poised to expand by an additional 3,000 employees. Ford, recognized for its efforts...
solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Log 9 Enters EV Asset Management Via Amphion

0
Commercial electric vehicle asset management and finance is becoming one of India's biggest emerging business opportunities. Here's Log 9 joining the segment! Log 9 has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...