Convergence Energy Services Ltd (CESL), a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL) has completed the distribution of 50 lakh LED bulbs under “Project Crore” of the Gram Ujala programme.
Gram Ujala scheme is being implemented in rural households in Bihar, Uttar Pradesh, Andhra Pradesh, Karnataka, and Telangana. The scheme was launched in March 2021.
On National Energy Conservation Day this year, which fell on December 14, 2021, CESL distributed a whopping 10 lakh bulbs, in a single day.
How it works
Under “Gram Ujala”, CESL provides high quality 7W and 12W LED bulbs with 3-year guarantee at a cost of Rs.10 per bulb in exchange of working incandescent bulbs. Every household can exchange a maximum of 5 bulbs. The programme will remain active up to March 31, 2022.
The distribution of LED bulbs under Gram Ujala has resulted in energy savings of 71,99,68,373.28 units per year with cost savings of Rs.250 crore per year in the rural areas of aforementioned states.
Speaking on this achievement, Ms. Mahua Acharya, MD & CEO, CESL said that this programme was to ensure holistic development of rural ecosystem. “Under the leadership of Shri R K Singh Ji, CESL is constantly working towards providing better illumination in the rural parts of five states. Working on the same financial model of carbon credits, we will be expanding this to rural parts of other states upon completion of Project Crore,” she added.
CESL is supported by C-Quest Capital in the entire distribution journey under SHINE programme.
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Applauding the partnership, Ken Newcombe, Chief Executive Officer, C-Quest Capital said that using carbon finance as the means to achieve energy efficiency in rural India is a powerful use of carbon markets. Doing this at scale is tremendous. Today’s 50-lakh milestone is an important marker in this admirable program of the government of India which we are proud to co-finance and facilitate.
Featured photograph (source: Syska) is for representation only
