Energy Efficiency Services Limited (EESL) is a joint undertaking of NTPC Limited, Power Finance Corporation, Rural Electrification Corporation and POWERGRID, EESL was set up under Ministry of Power (India) to encourage and help out the implementation of energy efficiency projects.
The state-run Energy Efficiency Ltd (ESSL) signed pacts with oil marketing companies Bharat Petroleum, IndianOil and Hindustan Petroleum for selling its LED bulbs, tube lights and fans at over 54,500 petrol pumps.
“This effort will help us … India will probably be the first country in the world which will be 100 per cent using LED for its lighting needs by 2019. It will be message that India acts rather than making big promises,” said Power Minister, Piyush Goyal, at a function to ink the MoUs.
This means that India will be the first country to use LEDs for all lighting requirements by 2019 in the entire world. As a result, this will help the country save more than Rs40, 000 crore a year. The minister finally clarified that buying of these products by consumers will not be under EMI facility.
The facility will be first launched at petrol pumps in New Delhi. The first phase will begin from the states of Uttar Pradesh and Maharashtra, with the distribution of energy efficient equipment. The selling of these products would be done at all petrol pumps spread all over the country.