NEW DELHI: Retail price of 9 watt LED bulbs under the government’s UJALA programme has dropped to as low as Rs 65 per unit to encourage consumers to opt for these energy efficient lights.
“The aggregation of demand and bulk procurement has resulted in reduction of 88 per cent in procurement prices of LED bulbs from Rs 310 per piece (in February 2015) to Rs 38 (in August 2016), which is passed on to consumers,” Power Minister Piyush Goyal told Rajya Sabha today.
Retail price of LED bulbs reduced to Rs 65 from Rs 550 during the same period.
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