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  Business   Economy  23 Mar 2017  LED bulbs have reduced power bills: Piyush Goyal

LED bulbs have reduced power bills: Piyush Goyal

PTI
Published : Mar 23, 2017, 2:08 pm IST
Updated : Mar 23, 2017, 2:08 pm IST

Power Minister says per piece cost of these bulbs has gone down from over Rs 300 to Rs 38.

Power, Coal and Mines Minister Piyush Goyal.
 Power, Coal and Mines Minister Piyush Goyal.

New Delhi: Use of energy efficient LED bulbs has led to reduction of power bills by Rs 20,000 crore, the Lok Sabha was informed today. Power Minister Piyush Goyal also said the per piece cost of these bulbs has gone down from over Rs 300 to Rs 38.

He said in the first wind power auction conducted by SECI, the non-windy states will get wind power from wind resource rich states. The state utilities of Bihar, Delhi and Dadra and Nagar Haveli have expressed interest in purchasing wind power, he said.

The final price reached after e-reverse auction held in February was Rs 3.46 per unit. "Such low tariffs will encourage the consumers to switch over to cleaner sources of energy," the minister said in his written reply.

Tags: piyush goyal, led bulbs, energy efficient bulbs, electricity saver, power bills
Location: India, Delhi, New Delhi